CNN  reports:

CNN projects that Mitt Romney will win the Nevada Republican presidential caucuses based on results and entrance polling. With 10% of the results in, Romney had about 48% of the vote while Rep. Ron Paul and former House Speaker Newt Gingrich were in a tight race for second with 21% and 20% of the vote, respectively. Former Pennsylvania Sen. Rick Santorum, who had largely bypassed the state, had 11% of the vote. Those numbers were gathered from vote counters at caucus sites across the state.