Nevada Posts All-Time Records in FY2023

Nevada has set many gaming-related records in the last two years, and the data sheet for statewide performance in fiscal year 2023 is perhaps the most impressive ever.

Nevada Posts All-Time Records in FY2023

For many months now, it seems as though every story about Nevada gaming revenue has included the words “record-setting,” but that remains true, as the latest round of data from the Nevada Gaming Control Board (NGCB) has shown that the state’s casinos brought in $15.1 billion in fiscal year (FY) 2023, a new record and a 3.2 percent increase year-over-year.

Broken down by category, statewide slot win came in at $10.2 billion for FY 2023, also a record and a 4 percent increase from last year. Total coin-in was $142.6 billion, blasting the previous best from FY 2007 of $138.5 billion.

Statewide slot hold decreased slightly from 7.2 percent last year to 7.17 percent in 2023. Win percentage dipped from 8.27 percent in 2022 to 8.08 percent this year. Slot win generated just over two-thirds (67.7 percent) of overall gaming win.

Total win for card, table and counter games was $4.9 billion, another all-time best and a year-over-year increase of 1.7 percent. This year’s game drop of $34.9 billion actually decreased by 1.4 percent from last year, while game hold percentage showed a slight increase from 13.7 percent to 13.99 percent.

Surprisingly, baccarat had perhaps the worst individual performance of any game—its win of $1.1 billion was a 6.3 percent decrease year-over-year.

Not to be outdone, sports wagering also set an all-time record of $460.2 million in sports pool win, beating last year’s total by 6.5 percent. Sports-pool write came in at $8.3 billion, nearly 10 percent off of last year’s all-time high, while sports-pool hold percentage increased to 5.51 compared to 4.69 percent in FY 2022.

Mobile sports betting handle was $5.5 billion, a steep 12 percent drop from last year.