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Loto-Québec sees revenue climb 70% despite lottery decline

10th March 2022 10:25 am GMT
Loto-Quebec

Canadian provincial lottery operator Loto-Québec has reported a 70 per cent increase in revenue to CAD$225.5m for the third quarter of its 2021/22 financial year.

Revenue for the three-month period ended 27 December was significantly ahead of the same period last year, when land-based casinos and gaming halls were closed due to Covid-19 restrictions.

Following the resumption of normal operations, revenue in the casino and gaming hall sector soared 174 per cent to $208.5m for the quarter, [...]

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