SECTORS

GAMING

The global gaming industry has experienced tremendous growth and development in the past decade. Nowhere is this more evident than in Canada. Prior to the early 1990's the Canadian gaming industry consisted mainly of lotteries, pari-mutuel operations and bingo. Since this time, with the introduction of casinos and stand-alone electronic gaming devices, the Canadian gaming industry now includes all major gaming products. In 2010, the Canadian gaming industry will generate more than $16.0 billion in revenues (as measured by win). Gaming today represents a significant source of government revenue and jobs, and is increasingly contributing to other hospitality and tourism sectors.

As competition between regions has and will continue to increase, operators and investors face significant challenges including:

  • > Evolving gaming policy
  • > Inter- and intra-market competition
  • > Growing demand for non-gaming amenities.
  • > Industry consolidation
  • > Impacts from internet gaming

HLT has played a significant role in the growth and development of the Canadian gaming industry. HLT and its principals have been involved in one fashion or another with almost every major gaming development in every region of Canada, over the past decade.