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Rise in online sales fails to stem Loto-Québec decline

24th February 2015 8:30 am GMT

Canadian provincial lottery operator Loto-Québec has reported a 6 per cent drop in revenue to CAD$2.49bn for the nine month period ended December 29th, following year-on-year declines across all of its businesses.

Revenue from Loto-Québec’s core lotteries business fell by 8 per cent to €1.20bn, while revenue from casinos and gaming establishments were down 3 per cent respectively to $589.6m and of $722.5m.Despite the overall decline in the lotteries business, online sales [...]

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