Nevada closed out the first half of 2024 with gains in gaming revenue in Las Vegas, though the northern part of the state struggled.
Nevada generated $1.28 billion in gaming revenue in June, up 3.2% from $1.24 billion in June 2023, according to the Nevada Gaming Control Board.
Casinos that cater to local residents paved the way with a 6.2% increase over June 2023 and for the second quarter rose 9%, according to Deutsche Bank.
The Las Vegas Strip showed no signs of slowing with $758.5 million in revenue, up 4.2% from $727.3 million in June 2023. It rose 4.8% for the second quarter compared to the second quarter of 2023.
Downtown had an ever higher gain, a 5.8% increase to $66.2 million, up from $62.5 million.
The Boulder Strip rose 2.2% to $73.2 million, up from $71.6 million in June 2023.
Mesquite rose 3.5% to $13.8 million, up from $13.3 million. Laughlin posted $37.5 million, a decline of about 1% from $37.8 million.
In northern Nevada, Reno fell 7% from $69 million to $64.1 million. Sparks fell 12.8% from $15.3 million to $13.4 million. South Lake Tahoe fell 12.5% from $22 million to $19.2 million.
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2024-07-31
