Gamblers losses fell 16% on the Las Vegas Strip and 15%statewide but fell only 1.6% in Downtown Las Vegas. Gaming lossesalso fell less than 2% in North Las Vegas, but unlike Downtown thatmarket's results were boosted by the early November opening of theAliante Casino.

The results are a bit of a head scratcher. While October's recorddecline was expected because that same month in 2007 was arecord month, Control Board senior research analyst Frank Streshleytells that given the soft performance in November2007--that month gaming win was down 13.9% statewide and 19.2% onthe Strip--he was expecting declines in the mid-single digits on apercentage basis, not double-digit declines.

He's also somewhat stumped by Downtown's performance. Some of itcan be attributed to chance, he says, because Downtown sports bookswon $1.6 million from bettors in November 2008 versus just $74,000in the same year-earlier period. In addition, Streshley says slotrevenue Downtown was down only about 8.2%, and revenue fromBlackjack and Craps was ahead of last year, while most marketsstatewide posted much higher declines in slot revenue and declinesin Blackjack and Craps.

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