Las Vegas Strip Gaming Revenue Edges Amid Mixed Tourism Trends

The Las Vegas Strip recorded a modest year-on-year increase in gaming revenue in February 2026. Reports from the Nevada Gaming Control Board (NGCB) indicated a nearly 1% rise. Gross gaming revenue (GGR) reached $696.3 million, a 0.86% rise from the previous year.

The increase was largely driven by strong performances in table games, especially Baccarat, which posted a remarkable 37% increase. Despite mixed tourism trends, the Strip's revenue growth underscores the resilience of Nevada's gaming market.

Baccarat Surge Leads Las Vegas Strip Revenue Growth

Impressive gains in table games bolstered the Strip's gaming revenue. Baccarat revenue climbed to $119.9 million, up from $87.5 million last year. The game's hold rate rose to 14.7%, up from 12.5% in the previous year.

Blackjack also contributed to the overall growth, with revenue increasing 12% to $86.9 million. Craps revenue rose 4.5% to $28.6 million. Slot machines recorded modest growth as well, with revenue up 0.25% to $383 million, reflecting stable but slower expansion in the segment.

Las Vegas Tourism Shows Mixed Signals in February

While the Strip's gaming revenue improved, tourism statistics painted a mixed picture. Passenger traffic at Harry Reid International Airport declined 3.3%, driven primarily by an 11% drop in international travelers.

Overall visitor volume to Las Vegas increased by 2% to more than three million in February.

The Las Vegas Convention and Visitors Authority (LVCVA) reported that convention attendance remained flat at about 613,000 attendees. Hotel occupancy rose slightly to 81.7%, with weekend occupancy reaching 89% and midweek occupancy at 78%. According to LVCVA officials, February benefited from "improved weekend performance and steady convention attendance."

Nevada Gaming Revenue Rises Despite Regional Disparities

Across Nevada, gaming performance showed broader but uneven growth. Statewide gaming revenue increased 1.5% year-on-year to $1.23 billion for February. Clark County, which includes the Las Vegas Strip, reported a 0.74% rise in gaming wins, totaling approximately $1.07 billion.

Elsewhere in Southern Nevada, results varied. Downtown Las Vegas recorded a decline, while several regional markets posted gains. North Las Vegas rose 4.7% to $24.2 million, and the Boulder increased 3.5% to $77.2 million. In contrast, Laughlin's revenue fell 8.8% to $38.5 million. Overall, the figures highlight a resilient gaming market in Nevada, with diverse performance trends across regions.