The Nevada Gaming Control Board launched January numbers final week and the state noticed a complete “gaming win” of $1.28 billion to kick off the brand new 12 months. This amounted to only a 0.5% enhance in comparison with January 2023’s complete of $1.27 billion.
The small enhance comes as some key areas in Clark County noticed income drops from the earlier 12 months, whereas Reno noticed a large achieve in comparison with final 12 months. Here’s a take a look at a number of the numbers.
Inside The Numbers
The new figures come after a lot rosier income studies in December, which noticed a 9% enhance from the identical month in 2022. In January, general statewide desk sport income slid 7.5% to $393.5 million. Slot machine income, nonetheless, elevated 4.5% to $885.9 million.
Some key areas round Las Vegas could have led to the flatter general numbers statewide. The Vegas Strip noticed a 3.8% drop in income to $686.2 million in comparison with final January’s $713.2 million.
North Las Vegas additionally declined 5.9% to $22.6 million and the Boulder Strip additionally fell 3.1% to $93.4 million. Downtown Las Vegas noticed a rise of slightly below 1% to $85.7 million and Laughlin was additionally a brilliant spot, leaping 4.1% to $44.4 million.
Outside of Clark County, Reno noticed a large enhance in income of greater than 55%, rising to $65.4 million in comparison with $42.2 million final January. That surge within the area additionally carried over to North Lake Tahoe, which noticed a achieve of 13.8% to $2.2 million. South Lake Tahoe additionally noticed a income enhance of 4.8% to $18.2 million.
In February, the state collected $99.7 million in charges primarily based on the January taxable revenues generated in January 2024. This is a 3.7% enhance over the $96.1 million collected in February 2022. For the fiscal 12 months working July 1, 2023, via January 31, 2024, gaming win has elevated 4.8%.
