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Nevada Casino Win Off 5%, Strip Fares Better

LAS VEGAS-Nevada casinos won just over $1 billion from gamblers in April—5.1% less than they did in the same month last year. The Las Vegas Strip fared better; Downtown Las Vegas casinos fared worse.

By Brian K. Miller | Updated on June 11, 2008

LAS VEGAS-Gamblers in Nevada lost just over $1 billion to casinos in April, a 5.1 percent decrease from the same month a year earlier, according to data released Wednesday by the state’s Gaming Control Board. For the fiscal year to date (July 07 through April 08), the so-called gaming win stands at $10.58 billion, off 0.5%.

The Las Vegas Strip fared better, taking in $524.11 million, off 1.28% from last year. Strip casino owners have been reporting that increased visitation from international gamblers taking advantage of the weak dollar has been partially offsetting a decrease in domestic visitation. April visitor statistics will be reported later today.

The international travelers haven’t been making it all the way Downtown, apparently. Casinos there saw gambling revenue fall 6.77% to $52.75 million.

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