Nevada Casino Win Down Nearly 5 Percent in January

A Las Vegas casino fire, a soft economy and poor weather held the win for Nevada casinos in January to $1.06 billion, down nearly 5 percent compared with the same month a year earlier.

The state Gaming Control Board says only one major market had a
strong gain during the month, while most others were down.

The Monte Carlo hotel-casino fire on the Las Vegas Strip in late January figured in the overall win decline of 4.8 percent, although that was offset in part by the grand opening of the Palazzo megaresort on the Strip earlier in the month.

Bad weather resulted in some road closures, especially on routes
leading to northern Nevada resorts. There were no big concerts,
prize fights or other major events around the state - besides the
Palazzo opening - to attract tourists.
Major details:
-STATEWIDE: $1.06 billion, down 4.8 percent.
-LAS VEGAS STRIP: $597.3 million, down 1.3 percent.
-DOWNTOWN LAS VEGAS: $50.4 million, down 6.7 percent.
-LAUGHLIN: $51.3 million, down 9.4 percent.
-MESQUITE: $13.1 million, up 25.9 percent.
-RENO: $47.6 million, down 8.6 percent.
-SPARKS: $11.3 million, down 7.3 percent.
-STATELINE: $26.6 million, down 14.4 percent.
-ELKO COUNTY: $20.6 million, down 3.8 percent.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

AP-NY-03-07-08 1344EST

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