Despite tepid growth over the last five years, the Canadian gaming industry remains the country’s largest entertainment industry, according to a study published by the Canadian Gaming Association (CGA).
The CGA called in HLT Advisory, which provides advisory services to the hospitality, leisure and tourism industries, to provide an assessment of the economic impact and contribution of the gaming industry to the Canadian economy in 2010.
According to the report, with revenues of $16 billion, the gaming industry now exceeds the combined revenues generated by magazine and book sales, social establishments, spectator sports, movie theatres and the performing arts.
The industry employs over 135,000 Canadians, pays more than $2 billion in salaries a year and represents over $10 billion in current capital construction. It also generates $12.5 billion in labour income and $8.7 billion annually to fund government, community and charitable programs.
Click here to read the full report.