A new poll from Magellan Strategies, a Republican-affiliated firm, shows Mitt Romney with a large lead in Nevada. According to the survey of 673 likely Republican caucus goers in Nevada, Romney leads with 38 percent, Herman Cain comes in second with 26 percent, and Newt Gingrich is in third with 16 percent. The remaining candidates all received less than 10 percent.

While Romney has led most of the polls of Nevada Republicans, an August poll by Magellan showed Rick Perry with a five point lead over Romney (29 percent to 24 percent). Perry polled at 5 percent in this October poll, showing a precipitious fall for the Texas governor in the state over the last two months.