February 2011 was not the best month for gaming. Nevada gaming revenue fell 6.8% in February YOY. The Las Vegas Strip and downtown Las Vegas fell 9.6% and 6.2%, respectively--pushing Clark County into a 7.0% YOY decline. Washoe County fell 8.6%, with Sparks, South Lake Tahoe, and the balance of county each with double digit YOY declines.
Gaming revenue on the Las Vegas Strip improved from FY09; however, it failed to match the spike it had in FY10. The Chinese New Year, which landed on February 3rd in 2011, has helped gaming revenue in years passed, but it wasn't enough to push February's revenue higher than 2010. The good news for the Las Vegas Strip is FYTD 2011 gaming revenue is 2.3% higher than FYTD 2010. 
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