John Barrette jbarrette@nevadaappeal.com

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January 27, 2013
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Carson Perspective: Thriving in face of a challenge

An odd thing about analyzing news is that the real trick requires knowing when bad news is good news, and vice versa. Case in point: Colleague Geoff Dornan nailed the news recently when he wrote a $1.2 billion loss by Nevada casinos isn’t what you would call good news, but still improves on the $4 billion swoon of a year earlier.He also reported the loss data came despite 4.4 percent gains in revenues. Reduction in net profit was due to interest outgo and depreciation factors.It also may stem in part from a bankruptcy filing by Stations Casinos. In other words, …

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The Nevada Appeal Updated Jan 27, 2013 04:22AM Published Jan 27, 2013 04:20AM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.