Official Data · Nevada Gaming Control Board
Nevada Gaming Revenue 2025
A full breakdown of how much Las Vegas casinos won in 2025 — by area, by game, and across the years — using official figures from the Nevada Gaming Control Board.
$15.8B
Statewide gross gaming revenue
▲ 1.2% · 5th straight record year
$8.82B
Las Vegas Strip revenue
▲ 0.1% · ~56% of state total
$951M
Downtown Las Vegas revenue
▲ 2.1% · record high
38.5M
Visitors to Las Vegas
▼ 7.5% vs 2024
Statewide vs. Strip — the last five years
Gross gaming revenue by calendar year. Note the pandemic dip in 2020 and five consecutive record years since.
Nevada statewide
Las Vegas Strip
Revenue by area (2025)
Nevada reports gaming win by geographic area. Here are the headline markets.
| Area | 2025 Revenue | YoY Change |
|---|
| Las Vegas Strip | $8.82 billion | ▲ 0.1% |
| Downtown Las Vegas | $951 million | ▲ 2.1% |
| Boulder Strip (incl. Henderson) | ~$1.1 billion | ▲ 3.8% |
| North Las Vegas | ~$310 million | ▲ 4.6% |
| Laughlin | ~$450 million | ▲ 2.4% |
| Washoe County (Reno/Sparks) | ~$1.1 billion | ▲ 3.4% |
Strip and Downtown are exact NGCB calendar-year figures. Other areas are approximate full-year totals derived from NGCB monthly data; year-over-year change is the reported annual figure.
Strip revenue by game type (2025)
How the Las Vegas Strip's $8.82 billion was earned across slots, tables and other games.
| Game category | Strip win 2025 | Trend |
|---|
| Slot machines | ~$4.95 billion | ▲ 0.8% |
| Table games, sports & other | ~$3.86 billion | ▼ 0.9% |
| — of which baccarat | high-roller driven | volatile |
The baccarat factor: Baccarat is the single most volatile line on the Strip's books. In strong months it can swing the entire Strip total — in August 2025, Strip baccarat win nearly doubled year-on-year — because it's driven by a small number of very high-stakes international players. When baccarat is up, the Strip's monthly figures tend to follow.
Sports betting & mobile wagering
A note on how Nevada's sportsbooks fit into the picture.
Nevada sportsbooks are a relatively small slice of total gaming revenue but a closely-watched one. In a typical recent year they win in the region of $450–480 million statewide. The defining trend is the shift to mobile: in late 2025, mobile wagers accounted for roughly 72% of all sports bets placed in Nevada. Remember that in Nevada you must register in person at a licensed casino before betting on your phone.
Why isn't there a figure for each casino?
By law, individual casino revenue is confidential. The Nevada Gaming Control Board deliberately groups revenue by area and by revenue tier, never by named property, so competitors can't see each other's exact win. That's why no legitimate source publishes "Casino X earned $Y last year" — any site that does is estimating. Everything on this page is real, reported data at the level Nevada actually discloses it.
The big picture
2025 told a story of divergence: fewer people came to Las Vegas, yet casinos won more than ever. Visitor numbers fell 7.5% to 38.5 million, but statewide revenue hit a record $15.8 billion. The growth came from outside the Strip — downtown, North Las Vegas, Boulder and Laughlin all rose, while the Strip stayed essentially flat. The Strip increasingly leans on high-end table play and premium slots to hold its numbers up, even as foot traffic and room rates soften.