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Loto-Québec on track to meet full year net earnings target

1st September 2014 7:37 am GMT

Canadian provincial lottery operator Loto-Québec has reported a 2 per cent increase in total revenue to CAD$853.0m for its first quarter ended June 30th, following growth across its casinos, video lotteries and bingo businesses.

Loto-Québec said that results were slightly higher as a result of the quarter having six more days than the corresponding period last year. On a like-for-like basis, revenue would have been $44.3m lower, with all business sectors affected by the downturn [...]

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