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Las Vegas recorded its first year-over-year increase in visitor volume since December 2024
A busy entertainment schedule and better travel by car from Southern California saw Nevada post an increase in gaming revenue of 1.5 per cent to $1.24bn, ending a three-month sequence of declines.
Driven by a 37 per cent increase in baccarat revenue, the Las Vegas Strip saw its GGR increase by 0.9 per cent in February to $696.3m. Baccarat revenue increased to $119.9m, up from $87.5m last year with a 14.7 per cent hold. Other table games on the Strip dropped by 12.4 per cent with slot up a minimal 0.03 per cent.
Downtown Las Vegas casinos were down by 4.2 per cent to $69.8m, whilst Reno casinos were up 7.7 per cent to $60.6m.
The February event calendar was favourable for conventions and tourism with the month seeing Las Vegas record its first year-over-year increase in visitor volume since December 2024. More than three million people visited Nevada during the month with The Las Vegas Convention and Visitors Authority saying the 3.03m visitor level was 2.1 per cent higher than the 2.97, visitors in February 2025. Prior to the pandemic, that figure was 3.18m in February 2019, meaning February 2026’s visitation was only five per cent below that.
Convention attendance was 613,000, down by 2,400 from last year’s figures, but the Strip still had 85 per cent occupancy, up from 83.5 per cent last year.
Elsewhere, The Boulder Strip was up by 3.5 per cent from $74.6m a year ago to $77.2m in February. North Las Vegas increased by 4.7 per cent to $24.2m. Mesquite was up 5.1 per cent to $17.3m, whilst Sparks was up 8.3 per cent to $14.6m. North Lake Tahoe dropped 21.2 per cent to $1.14m whilst South Lake Tahoe increased by 1.5 per cent to $17.9m.
