If I ever go on to have a second career as a world-famous economist, I already have one of those quirky market indicators that all world-famous economists seem to have. Mine would be known as the LVL economic indicator.
I contend that play on the nearly 7,500 Limited Video Lottery machines in bars and clubs around the state is a good indicator of West Virginiaâs economic health.
From the advent of their legalization in 2001, these machines have been an extremely reliable source of income for the state, predictably chugging along at roughly $35 million a month in gross revenue, even as their racetrack casino slots brethren peaked and faded with competing casinos opening in Ohio, Pennsylvania and Maryland.
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