Nevada Gaming Revenue Jumps 12% in March As Downtown Reports Growth
Posted on: May 3, 2026, 06:45h.
Last updated on: May 5, 2026, 07:50h.
- 11.78% year-over-year increase in Nevada net gaming revenue in March
- Las Vegas Strip casinos generate a 14.43% increase in gaming win compared to March 2025
- State sees 17.24% year-over-year increase in taxes collected after four months in a row of YoY decreases
Nevada’s gaming revenue rebounded in March, with the state’s casinos reporting an 11.78% year-over-year increase to top $1.42 billion, according to the Nevada Gaming Control Board.
LV Strip Numbers See 14% Increase
Nevada’s gaming revenues for the fiscal year (July 1, 2025, through March 31, 2026) have increased by 1.98% – totaling over $12 billion.
Drilling down into the individual figures, the Las Vegas Strip generated just under $780 million in gaming win in March 2026, a 14.43% increase from March 2025, a 0.69% increase for the fiscal year.
Downtown Las Vegas saw $103.1 million in gaming win for the month, a 20.78% increase compared to March 2025 ($85.4 million), a 4% overall increase for the fiscal year.
In April the state collected just over $93 million in taxes based on revenues generated in March, a 17.24% (or $13.67 million) increase compared to the prior year. Collections were through April 22. That increase in state fees collected was the first after four months of YoY declines.
Reversing a Decline
Bottom line for Las Vegas: The numbers are a positive sign in what had been a steady drumbeat of decline for the entertainment, gaming and tourism icon.
March revenue was largely driven by a strong events calendar, including the NASCAR Pennzoil 400 at Las Vegas Motor Speedway, college basketball conference tournaments, March Madness watch parties, and the massive CONEXPO-CON/AGG construction show.
Aggressive Promotions
Las Vegas casinos have been rolling out aggressive discounts and bundled deals, like waiving report fees, offering free parking or valet, slashing room rates, offering all-inclusive style packages.
For example, in January there was a newsworthy promotion announced by downtown Las Vegas hotels Circa Resort & Casino, the D Las Vegas, and Golden Gate Hotel & Casino – tackling the exchange rate challenges for Canadian travelers to the U.S. (US$100 as of Friday morning costs Canadians CA$135).
Those properties launched an “At Par” commitment across select gaming, hotel and beverage offerings through August 31. Eligible Canadian guests receive US$1 in value for every CA$1 spent, regardless of daily exchange rates. Canadians can redeem up to CA$500 in slot promotional play, treated at full US dollar value, for example.
No comments yet