CGA Update Volume 7

CGA LAUNCHES NATIONAL ECONOMIC BENEFITS STUDY

The Canadian Gaming Association (CGA) today released its National Economic Benefits of the Canadian Gaming Industry study which examines the size, growth of the and impact of the Canadian gaming industry, as it welcomes gaming industry professionals from across Canada and around the world who are gathered at the Edmonton Convention Centre for the 23rd Annual Canadian Gaming Summit.

In 2017 the industry produced $17.1 billion in gaming win, which includes $1.0 billion in non-gaming revenue (food and beverage, entertainment, accommodations, retail) and demonstrates that gaming in Canada is a strong pillar of the broader hospitality industry and a significant generator of jobs and income for communities. Gaming in Canada directly supports approximately 182,500 jobs with an average salary of almost $65,000, which translates into $11.9 billion in labour income. Additionally, the industry purchases over $14.6 billion in goods and services annually, generating $18.9-billion of value-added GDP to the Canadian economy.

“Gaming in Canada has been a success from an economic development, revenue, and employment perspective,” said Paul Burns, President & CEO, CGA. “Governments have profited from new tax revenues, local economies have profited from new companies, jobs have been created, and significant capital investment and economic activity have materialized.”

In addition to the full report, a summary is also available, and the CGA has created a series of infographics, including provincial snapshots, that are all available for download.