written and last updated by
Sam Smith at
26 Apr 2024
Journalist, Editorial Department
The Nevada Gaming Control Board (NGCB) has released the financial results for the gaming industry for March 2024. Total revenue reached $1.29 billion, a decrease of 1.65% compared to the same month in 2023. However, the streak of gross revenue exceeding $1 billion continues, now extending to 37 consecutive months.
The strongest performance in March came from the table games sector, which generated $415.9 million. Slot machines accounted for $874.5 million, marking a 3.5% decline from the record $906.5 million set in March 2023.
Revenue growth on the Las Vegas Strip slowed by 1.2% to $715.8 million. While the table games sector saw a 4% increase to $314.4 million, slot machines experienced a 5% drop to $401.4 million.
Despite the slight decline in some areas, Nevada's gaming industry continues to thrive. Total gross revenue for the first three months of 2024 surpassed $3.9 billion, reflecting a 2.35% increase from the previous year.
During the quarter, revenue growth was recorded in both the table games and slot machine segments, with increases of 6% and 0.4%, respectively. Overall revenue on the Las Vegas Strip for the first quarter of this year rose by 2.5% to $2.2 billion.
It's worth noting that in January 2024, Nevada's gaming industry achieved a record revenue of $1.28 billion.
