Loto-Québec revenue tops $2.1B

Finance News

For the period from April 1 to December 25, 2023, Loto-Québec posted total revenues of $2.111B and a net income of $1.076B.

The group has, therefore, met its objectives despite an economic context that keeps putting pressure on Quebecers’ discretionary dollars.

Sound management remains a priority across all organization sectors, which will further their efforts to continue meeting the targets by the end of the fiscal year.

“I want to thank our teams for their commitment and excellent work. They’re the ones behind our very good performance. We’re on track to meet our annual targets despite a peculiar economic context,” said Jean-François Bergeron.

“Several promising initiatives stand out in our third quarter. Among them, we’ve announced the construction of a hotel next to the Casino de Montréal. This major project will cement the casino’s position as a prime entertainment destination.”

“We’re proud to have obtained the World Lottery Association’s Level 4 responsible gambling certification for the fifth time. Valid for three years, this international recognition is a testament to both our exemplary responsible gambling practices and their continuous improvement.”