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?
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.