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Nevada casinos report $1.43bn in January gaming revenue

Regulation

Nevada casinos recorded $1.43bn in gaming revenue in January 2025, reportedly up 12.5% year on year. The Las Vegas Strip generated $840m, its third-highest monthly total, while baccarat win there reached $214.3m, according to the Nevada Gaming Control Board.

The figures show markedly different January revenue trends across Nevada casino markets and game categories.

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Ninth Circuit denies Kalshi rehearing petition in Nevada prediction-markets case

The US Court of Appeals for the Ninth Circuit denied Kalshi’s requests for panel rehearing and rehearing en banc in its Nevada case, leaving the ruling dissolving the preliminary injunction against Nevada gaming regulators in place. Kalshi has 90 days to petition the US Supreme Court; the sports-event contract ban remains in effect in Nevada, and the company says the ruling exposes it to civil and criminal liability.

On Wednesday, the Ninth Circuit turned down Kalshi's request to have the case reconsidered by the panel or by the full court. No judge asked for a full-court vote. The panel was unanimous in declining to rehear the matter, per the decision.

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