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Loto-Québec revenues fall despite online gaming boost

13th June 2011 8:11 am GMT

Canadian state lottery operator Loto-Québec has reported a 2 per cent drop in total revenues to CAD$3.7bn for the year ended March 31st 2011, including the first contributions from its EspaceJeux.com online gaming site which generated revenues of approximately $7m since its launch last December.

Loto-Québec said that its business sectors performed satisfactorily given the difficult economic environment, with lottery sales down marginally to $1.8bn despite the success of its Lotto Max [...]

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