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Loto-Québec eyes online growth as revenues fall

4th November 2010 9:01 am GMT

With the state lottery operator finalising preparations for the launch of its online gambling site to the province’s residents, Loto-Québec has reported a 4 per cent decline in consolidated revenues to CAD$1,824.4m for the first six months of the 2010/11 fiscal year ended September 27th.

Loto-Québec said that the decline in revenues throughout its operations was partially a result of the struggling economy, with lottery revenues falling 5 per cent to $863.8m despite online lottery sales [...]

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