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Loto-Quebec posts lower revenue across all segments

28th February 2024 11:14 am GMT

Loto-Quebec recorded an 8 per cent fall in revenue to CAD$699 million in the fiscal third quarter ended 25 December 2023, with declines across all business segments.

Revenue from the Lottery segment was down 15.6 per cent year-on-year to $215.98 million in the third quarter, which the company attributed to lower sales of Lotto Max and Maxmillions due to fewer major jackpots versus the same period in 2022.

Within the lottery segment, draw games generated revenue of [...]

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