Decrease in Tourist Visits to Las Vegas in May by 6.5% and a Fall in Gaming Income During the Same Period
In a recent report, prolific iGaming content writer Lucas Dunn sheds light on the challenges faced by Nevada's gaming industry in 2025. With over 8 years of experience under his belt, Lucas specializes in writing game and casino reviews, industry news, blogs, and guides, all aimed at educating readers and empowering them to make informed choices.
According to Lucas's reporting, Nevada experienced a 9% year-on-year drop in gross gaming revenue (GGR) in February 2025. This decline was from $1.34 billion in February 2024, a month when Nevada hosted the Super Bowl for the first time, to $1.21 billion in February 2025. The decrease was accompanied by a 12% year-on-year decrease in visitor numbers, with 2.97 million visitors reported by the Las Vegas Convention and Visitors Authority.
The drops in convention attendance and average daily room rates were also significant, by 19.5% and 25% respectively. These declines were partly attributed to the loss of the Super Bowl economic boost and trade tensions with neighbouring countries.
While overall U.S. commercial gaming revenue increased by 7.1% through May 2025 compared to the previous year, Nevada was one of the few states showing revenue declines (-2.2%) during this period. This suggests a continued challenging environment for the stateβs gaming industry in 2025.
However, it's worth noting that not all casinos in Las Vegas have experienced revenue declines. For instance, The Cosmopolitan has seen revenue growth recently, with gaming revenue up 67.6% in Q2 2025. Meanwhile, large operators like Las Vegas Sands reported a slight increase in net revenue in 2024, though still at one of its lower levels since 2012.
Lucas Dunn's work is renowned for its craftsmanship and its basis in proven data and tested insights. His articles provide a balanced and informative perspective on the gaming industry, making him an avid advocate for responsible play. With a background in psychology and a passion for painting, Lucas Dunn offers a unique perspective on the world of iGaming.
[1] Source for revenue and visitor numbers: [Link to source] [2] Source for U.S. gaming revenue: [Link to source] [3] Source for individual property performance: [Link to source] [4] Source for operator performance: [Link to source]
- In the midst of Nevada's declining gaming industry in 2025, one casino thriving is The Cosmopolitan, with gaming revenue up a significant 67.6% in Q2 2025.
- While poker might not have been the main drive for Nevada's decreased revenue in 2025, it could still be a profitable realm for casinos, given the increasing trends in sports betting and casino-culture, especially in Las Vegas.
- When it comes to educating readers and staying updated on the latest casino-and-gambling trends, Lucas Dunn's in-depth reporting and analyses on the gaming industry have become a go-to source β from poker to the booming world of iGaming.
