Vegas Visitation Slump Persists Despite 3rd Consecutive Month of Gaming Revenue Growth

The Las Vegas Convention and Visitors Authority (LVCVA) reported on Friday that August marked the eighth straight month of year-over-year visitation declines, with a 6.7% drop compared to last year. Despite this, gaming revenue continued its upward trend for the third consecutive month.

The continued bad news as rendered by AI. (Image: Microsoft CoPilot)

Though August’s visitation drop was only 6.7% year over year — less than the double digits seen earlier this year – every month in 2025 has seen a year-over-year visitor decrease of at least 1%, with most ranging 5-10%. Year

-to-date totals show a 7.8% decrease, with the number of visitors shrinking from 28 million to 25.8 million — a loss of 2.2 million.

August’s convention attendance, the singular bright spot for the region in 2025, fell 8% to 587,000 – largely due to the World Market Center summer show, which attracts 40,000 attendees, shifting from August to July.

Hotel metrics mirrored the downtown. August occupancy rate averaged 77.5%, down 3.7 percentage points from last year, with average daily rates dropping 7.4% to $162, resulting in revenue per available room (RevPAR) falling 11.7% to $126.

Strip properties saw occupancy decline from 84.5% to 81%, with average daily rates decreasing from $186.06 to $172.83 and RevPAR dropping 11%.

This news came the same day LVCVA ended the first areawide Las Vegas “sale” in the region’s history — featuring over 100 discounts of up to 50% at casinos restaurants and entertainment venues — as a desperate attempt to turn visitation around.

Lone Bright Spot: Gaming Revenue

The Nevada Gaming Control Board also announced its monthly numbers on Friday, and they were much better. Clark County’s (Las Vegas) gaming revenue rose 5.3% to $1.03 billion last month. And the Strip’s gaming win grew 5.5% to $679.3 million, up 5% year-to-date.

Baccarat was the key driver, with the Strip winning $114.4 million on the table game in August, a 51% increase from last year, and up 29% over the past three months – though still down 3% over the past 12 months.

The post Vegas Visitation Slump Persists Despite 3rd Consecutive Month of Gaming Revenue Growth appeared first on Casino.org.

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