Good half-year for Loto-Quebec

Espacejeux, the online operational arm of Loto Quebec, was a star performer in the group’s fiscal first half results for the six months ended September 2018, posting revenue growth up 32.6 percent y-o-y at Cdn$ 49.3 million.

Online lottery revenue led the digital charge, up 58.7 percent  at Cdn$ 14.4 million, with online casino and poker revenue up 24 percent at Cdn$ 34.9 million.

Espacejeux’s revenue for Loto-Quebec’s fiscal second quarter was up 28.2 percent on the first quarter at Cdn$ 27.7 million.

Overall six-month revenue for the group was up a modest 4.6 percent y-o-y at Cdn$ 1.394 billion, with net income up 6.3 percent at Cdn$ 721.6 million.

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