Nevada gambling revenue hits $1.3B, slots up 10%
Key Takeaways
- Nevada’s gambling revenue reached over USD 1.3 billion in September 2024.
- Slot machines contributed the largest share with USD 897 million, a 10.1% increase compared to the previous year.
- While slot machines grew, table games saw a decline of 8.8%.
- Sports betting, particularly on football, increased by 49% year-over-year.
- The Las Vegas Strip recorded a slight decline of 1.8% in September.
Slot Machines Drive Nevada’s Gambling Revenue
The gambling market in Nevada recorded total revenue of over USD 1.3 billion in September 2024. This represents an increase of 3.34% compared to the previous year. The main driver of this growth was revenue from slot machines, which amounted to around USD 897 million—a 10.1% increase compared to the same month last year.
Decline in Table Games
Despite the increase in slot machine revenue, table games, including card and dice games, experienced a decline. The combined revenue from these games amounted to approximately USD 416 million, which represents a drop of 8.8% compared to the previous year.
Different Trends Among Slot Types
There were notable variations within the slot machine categories. High-stakes machines, like the USD 5 slots, saw a significant increase of 36.6%, while other categories, such as penny and nickel slots, experienced sharp declines. Penny slots recorded a drop of 22.74%, while nickel slots fell by as much as 41.33%.
Sports Betting and Mobile Betting on the Rise
Sports betting also contributed significantly to the revenue, particularly through football bets, which saw a 49% increase compared to the previous year. Mobile betting, i.e., bets placed via smartphones or tablets, also grew and generated nearly USD 36 million, representing a 24.2% increase.
Las Vegas Strip Slightly Down
While Nevada overall posted growth, the Las Vegas Strip reported a slight decline. Revenue on the Strip in September was just under USD 727.7 million, a decrease of 1.8% compared to the previous year. Nevertheless, the Strip remains a key driver for Nevada’s gambling market.
You should read that too:
Our Assessment
Nevada remains a strong market for gambling, particularly due to the continued success of slot machines and the growing sports betting sector. The slight decline in table games and on the Las Vegas Strip should not be overestimated, as overall demand for gambling in Nevada remains stable. The growth in mobile sports betting also highlights that the trend toward digitalization remains strong in the gambling industry.
Sources
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 35x bonus |
| 60x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency