Compared to April 2007, hotel room inventory grew by 2.6% to136,585 while visitor volume fell 1.5% to 3.31 million, pushinghotel occupancy down 360 basis points to 93.6% from 97.2%. Moteloccupancy fell 660 basis points, to 63.2% from 69.5%. The averagedaily room rate fell 7.4%, to $135.67 from $146.53.

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Total passenger traffic through McCarran International Airportfell 5.5% to 3.77 million from 3.99 million. Vehicle traffic volumein Interstate 15 at the Nevada-California border fell 7.8% to83,253 from 89,757. International travelers taking advantage of theweak dollar are partially offsetting somewhat the decrease indomestic tourism, according to gaming companies.

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The drop in business for hotels also showed up in April gamblingrevenue data, also released last week by the state Gaming ControlBoard. Gamblers in Nevada lost just over $1 billion to casinos inApril, a 5.1% decrease from April 2007, GlobeSt.com reportedWednesday.

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The Las Vegas Strip fared better, taking in $524.11 million, off1.28% from last year. Strip casino owners have been reporting thatincreased visitation from international visitors taking advantageof the weak dollar has been offsetting a decrease in domesticvisitation.

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

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In North Las Vegas, which is more of a locals market, gaming winfell 22% to $21.92 million. Clark County as a whole, which alsoincludes Laughlin, the Boulder Strip and Mesquite, saw its gamingwin fall 4.79% to $849.97 million.

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In Washoe County, home to Reno, Sparks, and North Lake Tahoe,gaming win was $78.06 million, off 11.86% from last year. Renogaming win was off 11.98% to 56.87 million, while Sparks casinossaw revenue fall 6.13% to $13.57 million and North Lake Tahoecasinos saw revenue fall 38.04% to $1.89 million.

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Shares of gaming companies with properties in Macau --WynnResorts, Las Vegas Sands Corp., MGM Mirage -- declined earlier thisweek on news that May gaming revenue grew less year-over-year thanin the first four months of 2008. Although up 31% in May comparedwith the same month in 2007, April's growth rate, which had beenthe lowest, was 44%.

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Shares of Las Vegas Sands Corp., which operates the newly openedPalazzo casino and properties in Macau, saw its share price touch atwo-year low on Wednesday after a Goldman Sachs analyst removed thecasino operator from its list of recommended stocks whilemaintaining his buy rating because he expects the share price tohit $85 by next year, which would be a 58% gain from Wednesday's$53.77 closing share price. Today (Friday, June 13), shares of thecompany were trading at $55.17, up $0.99 on the day.

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Wynn Resorts' share price closed trading Wednesday at $88.51, up$0.55 on the day but near the bottom of its 52-week range. Wynnshares stood at $90.98 on Friday, up $1.98 on the day.

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Shares of MGM Mirage ended Wednesday at $42.32, off 5.3% on theday and also near the bottom of its 52-week range. In noontimetrading Friday, the company's share price stood at $41.70, up $0.29on the day.

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All three casino companies have had triple-digit share prices inthe past 52 weeks. Wynn's 52-week high is over $176 while Las VegasSands Corp.'s 52-week high is over $148. MGM's 52-week high is justover $100.

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