12-Mar-07. B.C. casinos look like a safe bet. National Post, FP7.

A report from Raymond James suggests that the gaming industry is a safe investment opportunity for investors. Revenue generated within the Canadian gaming industry has grown 9.5 per cent annually from $6.5-billion in 1995 to $14-billion in 2005. Casinos accounted for 36 per cent of gaming revenues in 2004 compared to 15 per cent in 1995. Analyst Andy Nasr expects community-based casinos will continue to grow revenues because of population growth, migration trends and an aging population.