Loto-Québec Pulls Back Curtain on Six-Month Financial Results
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Loto-Québec is preparing to release financial results for the first two quarters of the fiscal 2020/2021 year. The period covered between April 1 and September 28, 2020. Total revenue amounted to CA$687.4 million.
Loto-Québec closed its brick-and-mortar casinos and gambling halls in March. Lottery gaming revenue dropped by CA$230,573 in three months. Six months later, lotteries earned CA $335,255. In comparison, the first and second quarter of the 2019/2020 fiscal year saw brick and-malls generate CA-512,455.
Gambling halls in Quebec saw revenue of CA$174,019 over the past six months. Net income generated by the gambling leader amounted to CA $181.2 million. Online gambling at espacejeux.com remained the sole legal gambling offering in the province. Crown corporation recently closed its brick-and-mortar gambling venue and casinos.
