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, …