How Much Money Does A Vegas Casino Actually Make?
Casinos are designed to profit, and nowhere is this more evident—or more profitable—than in Las Vegas. Beneath the bright neon signs, bustling sportsbooks, and the constant sound of slot machines, the city's gaming sector operates like a 24/7 money-making machine. But have you ever wondered how much a Vegas casino rakes in each month? And where does all that cash originate?
If you're curious about which games generate the most income—be it the seemingly innocent penny slots that can quickly drain your wallet or the exclusive baccarat tables hidden behind plush curtains—you’re not alone. The findings might surprise you. While table games like blackjack and craps certainly add excitement to the casino atmosphere, it’s the steady buzz of slot machines, operating around the clock, that really drives revenue. In fact, slot machines account for about half of all gaming income on the Las Vegas Strip.
In this article, we’ll dive into the latest revenue figures from casinos on the Strip to reveal just how much money they generate each month and which games are the real cash cows. From classic favorites like roulette to multi-million dollar slot machines, we’ll uncover what fuels Vegas's endless jackpot.
The Bottom Line: Close to $1 Billion Monthly
On the Las Vegas Strip—the epicenter of gaming in Vegas—casinos together generate approximately $700–900 million in gaming revenue every month. For instance, in December 2023, the non restricted casinos on the Strip brought in around $905.4 million. To give you some context, the total gaming win for the entire year of 2023 reached $8.90 billion on the Strip, averaging about $742 million monthly. This impressive monthly revenue, nearing the $1 billion threshold, highlights just how profitable the gaming scene in Vegas has become.
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What Are The Most Profitable Games?
So, where does all that cash come from? It might surprise you—or maybe not, especially if you've ever found yourself captivated by those spinning reels for a while—that the real money-maker is the good old slot machine. In December 2023, all types of slot machines brought in around $446.1 million, which is about 49.3% of the total gaming revenue on the Strip.
Even the penny slots, which attract players with their low-stakes appeal, quietly generated around $82.3 million, making up nearly 9.1% of the overall revenue (or about 18% of all slot revenue). While high-stakes table games like blackjack and baccarat get a lot of attention for their glitz and glamour, it's those flashing, noisy machines tucked away in the corners that truly drive the profits in Vegas.
The Earnings From The Main Game Categories On The Las Vegas Strip For December 2023:
Slot Machines (All Types): $446.1 million
– 49.3% of total gaming revenue
Penny Slots (1¢ machines): $82.3 million
– ~9.1% of total (about 18% of all slot revenue)
Blackjack (21): $84.6 million
– ~9.3% of total gaming revenue
Baccarat: $218.7 million
– ~24.2% of total gaming revenue
Roulette: $35.0 million
– ~3.9% of total gaming revenue
Craps: $35.1 million
– ~3.9% of total gaming revenue
Poker Rooms (rake & tournament fees): $14.9 million
– ~1.6% of total gaming revenue
Sports Betting (sportsbook win): $24.3 million
– ~2.7% of total gaming revenue
Other Games (keno, bingo, etc.): Approx. $20.1 million
– ~2.2% of total gaming revenue
Total Gaming Revenue (Las Vegas Strip, Dec 2023): $905.4 million
The MGM Grand
Take the MGM Grand, for instance—it's one of the standout resorts on the Las Vegas Strip. According to a report from the Nevada Gaming Control Board in December 2023, the MGM Grand generated around $86.3 million in gaming revenue that month. Of that amount, slot machines alone accounted for about $45.1 million, making up more than half of the casino's total earnings. The rest came mainly from table games, which brought in around $32.2 million, while sports betting contributed about $5.4 million, and other games like poker and keno added roughly $3.6 million.
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The sheer amount of money that Vegas casinos rake in every month is nothing short of mind-blowing. With nearly $1 billion in monthly revenue on the Las Vegas Strip alone, it's clear that the gaming industry in the city is a powerhouse of profits. However, despite the massive earnings, there's always a glimmer of hope for players. While the house always holds an edge, skilled strategies, a bit of luck, and knowing when to walk away can sometimes lead to big wins. In the end, the thrill of the game is what keeps players coming back to try their luck in this neon-lit paradise.
