The Nevada Gaming Control Board released December revenue numbers this week that show the state’s casino industry finished the year on a high note. The month generated total gaming revenue of more than $1.4 billion.
This was a 9% increase from $1.3 billion in December 2022. For the fiscal year (July 1 through July)
December 31) Gaming revenue increased 5.5%.
Details in the report
Nevada’s numbers are in line with significant revenue increases seen in other states in 2023 as well. Clark County, home to Las Vegas, provided the vast majority of the state’s gaming revenue at nearly $1.3 billion, an increase of 9.8%.
The famous Las Vegas Strip saw an even bigger increase, totaling $905.4 million, up 11.2% from $814.2 million in 2022. Sin City was home to several major events in December, including Raiders and Golden Knights games as well as several large concerts and holiday events. .
In downtown Las Vegas, the busy holiday season yielded some good results, too. The region generated revenue of $75.9 million, up 10.3% from $68.8 million for the same month last year.
Elko County also saw some significant gains, reporting gaming revenue of $35.6 — up nearly 15% from December 2022. South Lake Tahoe reported revenue of $16.1 million, up 3%, while North Lake Tahoe saw $2.1 million , an increase of 2.6%. Renault did not fare as well, falling 7.2% to $54.9 million.
On the individual gaming front, slot machines led the way statewide with $858 million, up 6.9% from the same time last year. Table games generated $574.6 million, up 12.5%.
State coffers saw some good gains as well, with $84.9 million paid in gaming fees for December, an increase of 27.3% from $66.7 million in December 2022.
The monthly revenue report was released a bit late after the dashboard’s website experienced some issues with the regulator’s website.
Nevada Gaming Control Board (NGCB) became aware earlier this week that its public website had been hacked. the NGCB Board officials indicated on January 25 that technology staff had begun immediate steps to protect the site by taking it offline.
Other regions also saw big numbers in 2023, including record online gaming revenue totals in Pennsylvania and Michigan.
