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Loto-Quebec confident of $1.15bn income target following strong quarter

1st March 2016 9:18 am GMT
Loto-Quebec

Canadian provincial lottery and gaming operator Loto-Quebec has seen revenue for the third quarter of its financial year climb by more than 11 per cent following strong growth in lottery sales.

For its financial third quarter ended December 28th, Loto-Quebec posted revenue of CAD$901.6m, a gain of 11.7 per cent year-on-year, with net income for the period climbing 27.6 per cent to $328.2m.

Lotteries were the biggest growth driver with sales up 11.4 per cent to $460.8m, [...]

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