Famed short-seller Jim Chanos has said casino revenue is a "pretty good" leading indicator of the US economy. Famed short-seller Jim Chanos said earlier this year that casino revenue can be viewed as a reliable data point. AdvertisementAdvertisementLas Vegas casino revenue grew just 2% in 2007 after a three-year period of double-digit growth, then fell about 10% in both 2008 and 2009. Meanwhile, Las Vegas casino revenue grew just 7% in 2000 after a solid three-year stretch of growth. As long as Las Vegas casino revenue continues to hit new records and grow, an economic recession may be nowhere in sight.

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Persons: Jim Chanos, wasn't, Michael Lawton, Harry Reid, they're, Chanos Organizations: Nevada Gaming Control Board, Gaming Control, Harry Reid International Airport, Vegas, Las Locations: Nevada, Las Vegas, Vegas