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Loto-Québec posts revenue decline despite strong online growth

17th June 2014 8:36 am GMT

Canadian provincial lottery operator Loto-Québec has reported a 3 per cent increase in revenue to CAD$3.5bn for the year ended March 31st, with the company’s online gaming products generating a total of $41.9m during the period.

Revenue fell across all of the operator’s business segments, with Loto-Québec’s core lottery business posting a marginal 1 per cent decline to $1.8bn.

Revenue from draw games were down 3 per cent to $1.2bn, despite a 6 per cent increase in [...]

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