>Feb. 11 (Bloomberg) — Las Vegas Strip gambling revenue rose 5.9 percent in December, the second straight monthly gain and a fresh sign the worst casino slump on record may be easing.
Strip proceeds climbed to $502.2 million in December from a year earlier, Nevada’s Gaming Control Board said today on its Web site. Revenue for the full year declined 9.4 percent.
Gains were driven by baccarat winnings, particularly at Aria casino, a venue at the $8.5 billion CityCenter resort MGM Mirage and Dubai World opened last month, analysts Bill Lerner at Union Gaming Group LLC and Robert LaFleur with Susquehanna Financial Group said today.