Analyst: Demographic, industry problems weigh on casinos

April 16, 2015 4:37 PM

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A casino industry analyst is offering a bleak outlook, seeing demographic and industry problems weighing on casinos struggling to draw visitors and increase revenue.

Keith Foley, an analyst at Moody's Investors Service, wrote in an investor note Thursday that economic growth will slow as the population of older Americans outpaces younger generations.

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