Nevada casinos had their second best profit performances in history in January, reported Nevada Gaming Control Board on Thursday.
And it came a month after recording its best month ever.
Nevada and Strip casinos also had their highest percentage victory in months in January.
Strip Win – the amount that casinos won from players – increased by 22.5 percent to $ 840.1 million, which increased the state’s victory by $ 12.5 percent to $ 1.43 billion by the month.
Clark County Win increased by 13.3 percent to $ 1.26 billion, but central Las Vegas victory dipped 2.3 percent to $ 83.7 million.
Baccarat was the difference in January results when casinos played happier than players.
On the strip, the Baccarat victory amounted to $ 214.3 million, an increase of 121 percent from January 2024. The volume increased by $ 35.8 percent to $ 801.3 million. But this year, the casino was 26.74 percent compared to 16.43 percent in 2024.
Table games and sports games followed similar patterns, and Slot Machine Win was up, but not as dramatic as Baccarat.
Of the 20 state markets monitored by the control card, seven two -digit percent increases and 17 were up from January 2024.
The strip share increased was the highest, but South Lake Tahoe was close after with 22.4 percent increase to $ 22.3 million.
Elko County was also a major winner in January with Wendover up $ 14.3 percent to $ 22.4 million, with the entire county up 13 percent to $ 32.7 million.
The results increased Nevada’s financial year 2024-25 in total in positive territory. During the seven months since July 1, the state’s gain has increased by 0.03 percent to $ 9.28 billion.
The increases also turned around the wealth of state tax chests. For the first time since the start of the financial year, the game percentage fees are 2023-24 before the financial year. Based on tax collections from Wednesday, the state’s casinos have generated $ 688.6 million in percent -based gaming fees for the general fund, an increase of 0.58 percent from the previous year.
The state has a tax of 6.75 percent on casino’s gross gaming revenue.
Michael Lawton, the steering board’s economic analysts, theoretized that January 2024 numbers may have been softer than normal, since typical Las Vegas visitors may have kept travel back to February to be in the city for the Super Bowl 58 instead. He also noted that this year, New Year’s Day fell at mid-week and many travelers extended their stays to four or five days, while New Year’s Eve 2023 fell on a Sunday and travelers were satisfied with a three-day weekend.
Lawton also noted several special events in Las Vegas in January, including two nights by Janet Jackson performances at Resorts World Las Vegas, The Killers who performed at Caesars Palace’s Colosseum Three Three Nights, Eagles Residency at The Sphere Jan. 17-25 and Mariah Carey who started a residence at Park MGM on January. Chargers in January.
The state’s economy will have a disadvantage this year as 2025 has 365 days compared to 366 2024.
“January 2025 represents the second highest victory in total all the time and the 47th month in a row that the state has registered $ 1 billion in monthly gaming profits,” Lawton said.
The Las Vegas Convention and Visitors Authority is expected to report January -visit later Thursday.
This is a developing story. Come back for updates.
Contact Richard N. Velotta at rvelotta@ theplayerlounge.com or 702-477-3893. Follow @rickvelotta at X.
