Top headline: NPR
Bottom headline: Nevada Independent
Howard Stutz reports:
The Strip’s September gaming revenue decline, combined with a 2 percent downtown gaming revenue drop, affected Clark County’s overall total as the market dipped 2.9 percent. September’s results statewide were affected by Labor Day weekend partially falling into the end of August, rather than gaming totals all being counted in September.
Through nine months, Strip gaming revenue is less than 1 percent ahead of the first nine months of 2024.
Revenue from baccarat in September was $50.7 million, down from $88.5 million in 2024. Wagering on the game was up 15.7 percent, but the hold percentage — what casinos kept in wagers — was at 8.5 percent, compared with 17.1 percent a year ago.
Las Vegas visitation declines have filtered into the convention business, which saw a nearly 19 percent decrease in September compared with a year earlier, with just 42,000 delegates.
Some of the declines were represented by the absence of the quadrennial MINExpo that drew 45,000 attendees last September, and the calendar shift of the Oracle CloudWorld conference that drew 30,000 this month rather than in September a year ago.
Hotel occupancy was 78.7 percent last month, a decline from 83.9 percent last September. Las Vegas’ average daily hotel room rate was down 3 percent to $190.56, while RevPar was down 9 percent to $149.97.
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Travel and tourism: Trump slump hits Las Vegas. (8/11/2025)
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