Commercial casino revenues are up

The casino floor at the MGM Grand Hotel and Casino in Las Vegas, Nev.

There's another positive economic indicator to add to last Friday's jobs report.

It comes courtesy of the American Gaming Association, which in its annual report (PDF) out today said consumer spending at commercial casinos was up almost five percent last year -- Just over $37 billion.

Yes, gambling and its ills are well known. But if people feel like they've got money to burn, that is a good thing, right?

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.

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