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Loto-Québec revenues stagnate despite Q3 growth

27th February 2012 7:42 am GMT

Canadian state lottery operator Loto-Québec has reported a 0.7 per cent decline in total revenues to CAD$2,683.5m for the nine month period ended December 26th, with only the company’s bingo and online gaming businesses posting a year-on-year increase during the period.

Revenues were down for the nine month period despite a 0.8 per cent increase in third quarter revenues to $901.2m.

Loto-Québec’s lottery business was the only segment to post a decline during Q3, with revenues down [...]

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