Espacejeux adds value to Loto-Quebec Q1 results
News on 2 Sep 2017
News on 2 Sep 2017
Loto-Quebec’s Q1 2017-18 report released Friday showed that the company’s year is off to a good start, with the online operations through Espacejeux delivering a particularly strong performance.
Group consolidated revenue was up 6.2 percent y-o-y at Cdn$882.4 million, with net income coming in at Cdn$325.1 million – up 8.9 percent.
Online gaming was up 35 percent at Cdn$13.1 million, and the online casino operation Espacejeux saw revenues rise an impressive 42.3 percent to Cdn$24.5 million.
The company reported that work to improve navigation between its diverse product families continues, and announced that the World Lottery Association (WLA) has renewed the group’s Security Control Standard Certification this spring. Valid until June 2020, the certification confirms that the Corporation rigorously applies internationally-recognised best practices relating to gaming activity security and integrity.
