GAMBLING

Nevada Reports Increase in Net Gaming Revenue for March

Posted on: May 3, 2026, 06:45h. 

Last updated on: May 3, 2026, 06:45h.

  • 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

The Nevada Gaming Control Board reported a 11.78% year-over-year increase in casino net revenue for March, totalling over $1.42 billion.

The Nevada Gaming Control Board reported an 11.78% year-over-year increase in gaming win for March 2026. (Image: Mark Keast)

LV Strip Numbers See 14% Increase

Nevada’s gaming revenues for the fiscal year (July 1, 2025, through March 31, 2026) has increased 1.98% – totalling over $12 billion.

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 city.

Major events like the NASCAR Pennzoil 400, which was held March 15 at the Las Vegas Motor Speedway, college basketball conference tournaments, NCAA Division I March Madness basketball watch parties, and the big CONEXPO-CON/AGG construction show March 13-17 were some the factors that drove the revenue numbers that month

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 travellers 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.


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