Nevada Casinos Post 4% Gaming Win Growth in June with Strong Performance for Slots and Table Games.

Nevada casinos saw a 4% YoY increase in gaming win to $1.31 billion in June. The Las Vegas Strip saw a gaming win increase on a year-over-year comparison in July, with strong hold rates for slots and table games contributing to the improvement. This news could boost sentiment in the closely watched sector.

Nevada casinos saw a 4.0% year-over-year increase in gaming win to $1.31 billion in June, according to the latest data [1]. The Las Vegas Strip, a key driver of the state's gaming revenue, saw a solid 5.6% increase in gaming win to $709.3 million in July. This improvement was largely driven by strong hold rates for slots and table games.

The Las Vegas Strip's performance was bolstered by a 5.6% increase in gaming win, while Downtown Las Vegas casinos saw a 3.6% rise to $71.8 million. Reno casinos, another significant contributor, reported a 9.9% increase in gaming win to $69.3 million. The state's gaming win for slot machines rose by 2.7%, with a win percentage of 7.4%, while table/counter/card game gaming win increased by 7.1%, with a strong win percentage of 15.8%.

Baccarat revenue saw a notable 16.9% increase during the month, and games like craps and roulette also saw double-digit growth. Gaming win at sportsbooks rose by 9% year-over-year, despite July being traditionally a slow month. These positive trends indicate a robust performance in the Nevada gaming sector, which could boost investor sentiment.

However, the sector faces challenges. Las Vegas tourism trends have been soft this year, with visitor volume, hotel occupancy rates, average daily room rates, and airport passenger traffic all down compared to a year ago. High resort fees and rising service prices are considered major factors, along with soft international tourism trends, particularly from Mexico and Canada [1].

Key players in the sector include Caesars Entertainment (NASDAQ:CZR), MGM Resorts (NYSE:MGM), Boyd Gaming (BYD), Wynn Resorts (WYNN), Full House Resorts (FLL), Bally's Corporation (BALY), Sportradar (SRAD), Genius Sports (GENI), and Red Rock Resorts (RRR). Analysts have shown mixed sentiment towards these stocks, with some upgrades and others maintaining neutral or hold ratings [2].

References:
[1] https://seekingalpha.com/news/4490522-nevada-casinos-see-gaming-win-improve-on-strong-hold-rates-for-slots-and-table-games
[2] https://www.marketbeat.com/instant-alerts/filing-candriam-sca-cuts-stake-in-las-vegas-sands-corp-lvs-2025-08-25/