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Nevada Gaming Revenue Rises in August as Strip Baccarat Surge Defies Slower Visitation

High‑roller baccarat strength lifted August results despite weaker tourism metrics.

Overview

  • Statewide casino win increased 5.5% to about $1.23 billion, with Clark County up 5.3% to $1.03 billion and most Nevada markets posting year‑over‑year gains.
  • Las Vegas Strip revenue rose 5.5% to $679.4 million as baccarat revenue jumped 51.1% to $114.1 million on an 18.5% hold rate despite a decline of more than 14% in wagering.
  • The Las Vegas Convention and Visitors Authority reported 3.2 million visitors in August, down 6.7% year over year, with hotel occupancy at 77.5%, average daily room rates at $162.38, and convention attendance off 8% due to a timing shift.
  • Harry Reid International Airport passenger volume fell about 6% in August as Spirit AirlinesChapter 11 filing and steep traffic declines from Canadian carriers reduced air service.
  • Nevada’s September gaming tax collections rose 33.7% to $77.1 million, reflecting the strength of August’s gaming win.