Loto-Québec posts revenue increase in 1H19

During the first half of the year, Canadian lottery operator Loto-Québec posted a 1.53% revenue increase to €980.2 million.

Canada.- As the gaming segment evolves, gaming companies continue to benefit from its growth. That’s just the case for Canadian lottery operator Loto-Québec, which posted a 1.53% revenue increase during the first half of 2019.

The provincial operator explained that it reached a €980.2 million revenue for the 183 days to 30 September 2019. Casinos drove the company’s figures with their €353.9 million revenue, up 5.3% from last year.

Moreover, revenue from gaming was up 3% year-on-year to €322 million. The vertical — mostly vídeo lottery terminals — was driven by ongoing growth with bingo and kinzo products. However, lottery revenue dropped 3.7% from €322.5 million to €310.6 million.

Partnership

Evolution Gaming, a leading provider of Live Casino solutions, has announced that it has signed a major agreement with lotoquebec.com to provide the provincial Crown corporation with Live Casino services from Evolution’s production studio in Vancouver.

Lotoquebec.com will be the second online game site operating out of Evolution’s Live Casino production studio in Vancouver, which opened in 2018. Since February, BCLC (British Columbia Lottery Corporation) has offered Live Casino to British Columbia and Manitoba, with Evolution the only regulated Live Casino provider in Canada. 

The studio is now being expanded to meet projected high demand from players in Quebec. Quebec is Canada’s second-most populous province after Ontario, and home to more than 8 million predominantly French-speaking people.