Canadian provincial lottery operator the Atlantic Lottery Corporation (ALC) has reported a 3 per cent drop in net revenue to CAD$760.1m for its 2016-17 fiscal year, with growth held back by delays in switching to a new gaming platform.
In a year which saw it celebrate its 40th anniversary, ALC president and CEO Brent Scrimshaw said that the company’s five-year strategy was showing a “trajectory of growth”, delivering profit of $421.9m for the 2016-17 year and exceeding its [...]