Gaming Revenue: Impact of Calendar and Baccarat on Nevada's November Decrease
Monday 13 de January 2025 / 12:00
⏱ 2 min read
(Las Vegas).- In November, gaming revenue at Nevada casinos dropped by 4.2% compared to the same month last year, totaling $1.31 billion, as per the Nevada Gaming Control Board (NGCB) report released on Thursday. This decrease represents the fifth straight month of declining revenue, a trend not observed since prior to the COVID-19 pandemic.
Blame the calendar and slots for Nevada recording its fourth monthly gaming revenue decline in the last five months. The Las Vegas Strip also sustained its fifth consecutive monthly year-over-year decline in November as the city hosted its second F1 race.
The Strip generated $788.7 million in gaming revenue, a decline of 3.9% from November 2023’s $820.8 million. Nevada gaming revenue overall fell 4.2% with $1.31 billion generated in November, down from $1.37 billion in 2023. Gaming revenue is up 0.4% for the year.
November 2023 had two additional weekend days.
“Obviously, we were facing a difficult comparison with November (2023), the third highest win total in state history,” said Michael Lawton, economic analyst CPM, Senior Economic Analyst. ”However, if we hadn’t been negatively impacted by slot revenue timing, since November 2024 ended on a Saturday, the state would have recorded an increase year over year.”
The last time the Strip decreased in five consecutive months pre-pandemic was January through May 2019. For the year, the Strip’s total win is down 0.8%.
"If you were to apply a normalized slot hold to Strip slot win, the Strip would have been down $11.1 million or 1.4% compared to last November,” Lawton said. "For the Strip, as usually is the case, the story is baccarat. Strip win was down $32.1 million and baccarat win was down $32.7 million. If you excluded baccarat, the Strip was relatively flat, up just 0.1% or $532,000. Strip baccarat was facing a difficult volume and hold comp from last November when baccarat held 19% and volumes totaled $938.4 million, an increase of 90% or $444.5 million (from November 2022 when there was no F1 event).”
Categoría:Gaming
Tags: Sin tags
País: United States
Región: North America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
ProntoPaga Consolidates Its Position at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Juan Carlos Loza, Head of Sales Latam at ProntoPaga, spoke exclusively after the company's participation in Peru Gaming Show 2026, highlighting the agreements reached, the interest in their payment solutions, and the expansion plans that will drive their growth across Latin America.
Monday 03 Aug 2026 / 12:00
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
