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Loto-Québec posts Q2 revenue growth despite VLT decline

26th November 2012 9:49 am GMT

Canadian state lottery operator Loto-Québec has reported a 2 per cent increase in total revenues to CAD$917.4m for the second quarter ended September 24th, with the company’s EspaceJeux.com online gaming business generating $5.2m during the period.

Loto-Québec’s video lottery business was the only segment not to post year-on-year growth during the quarter.

Q2 2012/13 Revenues

Sales from lotteries increased by 4 per cent to $436.6m due to an improved performance from draw lottery games, in particular the Lotto [...]

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