Gambling
  • Americans are hitting the casinos at record levels, and that could be a good sign for the economy.
  • Nevada said its casino industry generated a record $1.4 billion in revenue in July, up 7% year-over-year.
  • Famed short-seller Jim Chanos has said casino revenue is a "pretty good" leading indicator of the US economy.

Americans are hitting the casinos at record levels, and that could be a sign the US economy remains on solid footing.