Gaming win down in January, but better than expected

By David McGrath Schwartz, Las Vegas Sun

Gaming revenues dropped 3.2 percent in January compared to the same month a year ago, a figure that was better than expected. Nevada casinos reported a gaming win of $883 million in January, with casinos on the Las Vegas Strip down 3 percent.

But that could be good news.

January 2009 had both Chinese New Year and Super Bowl weekend, both big gambling events. Those events this year fell in Febuary. Because of that the state’s Gaming Control Board had expected a double-digit decrease in January, said Frank Streshley, chief of the Gaming Control Board’s tax and license division.

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