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Strong online gaming growth saves Loto-Québec in Q1

13th September 2012 8:20 am GMT

Canadian provincial lottery operator Loto-Québec has reported a 5 per cent drop in total revenues to CAD$842.0m for the first quarter ended June 25th, despite strong growth from the company’s EspaceJeux.com online gaming business.

Loto-Québec said that the first quarter of its new financial year was two days shorter than last year, which accounted for most of the decline in revenues during the period. Excluding those two days, the lottery operator said that revenues would have [...]

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