Loto-Québec Reports Big Jump in Q1 Revenues
Posted on: September 18, 2025, 10:03h.
Last updated on: September 18, 2025, 10:29h.
- Loto-Québec is reporting YoY revenue growth of more than 11% for the first quarter of the current fiscal year
- The crown corporation reports much of the growth is due to improved performance in its casino hall business
- Loto-Québec’s digital gaming platform is also on the upswing
Loto-Québec is reporting an 11.1% hike in total revenues for the first quarter of fiscal year 2025-2026 (April 1 to June 30), compared to Q1 2024-2025.
Total revenues are reported at CA$766.5 million, a $76.8 million hike over the same period last year. Consolidated net income was CA$384.4 million, a $34.7 million (9.9%) increase year over year.
We’re sustaining last year’s momentum and posting increased results after one quarter thanks to our teams’ steady commitment, efficiently managing several simultaneous initiatives,” said Loto-Québec President and CEO Jean-Francois Bergeron.
Last year’s momentum was marked by total revenues of CA$2.993 billion, an increase from the $2.932 billion reported the previous fiscal year.
Big Jump in Casino Hall Business
Net income last fiscal year was CA$1.518 billion, a slight uptick from the $1.511 billion reported for FY 2023-2024.
In Q1 2025-2026, the lottery sector generated revenues of CA$236.3 million (+7.8%). The casino and gaming hall sector had revenues of $323.4 million (an increase of 17.6%), and the gaming establishment sector (games offered outside their own buildings, including sports betting, video lottery terminals in bars, as well as bingo and Kinzo halls) recorded revenues of CA$212.2 million (+5.7%).
“We’ve made some exciting announcements this quarter, including the conference centre expansion at the Hôtel-Casino du Lac-Leamy, which will help reinforce Gatineau’s position as a top business tourism destination,” Bergeron said. “Another announcement was the return of a highly popular comedy event on the grounds of the Hôtel-Casino de Charlevoix resort—Loto-Québec fait son Juste pour rire—that enhances this beautiful region’s entertainment offering.”
CEO: Digital Platform Growth
Some notable highlights in the quarter: a record CA$2,513,553 progressive jackpot was won at poker at Casino du Lac-Leamy on April 16. One month later, a visitor to the Outaouais region stopped at the casino and won CA$2,211,553 playing a slot machine.
Gaming tables made their appearance at gaming halls, a new interlocation progressive jackpot in poker, and the addition of an optional wager in blackjack were other highlights, the crown corporation said in a statement.
“Our digital platform continued gaining traction with increased results for both lottery and casino games,” said Bergeron. “This success stems from a diversified, up-to-date and responsible offering. It’s a promising start to the year, and I’m convinced we’ll continue delivering results that will make us all proud since they benefit all of Québec.”
On the Quebec budget front, CBC is reporting that schools could be shut down due to budget constraints. In June, the provincial government reported that the deficit is smaller than expected for the 2024-2025 fiscal year. One hundred percent of profits from Loto-Québec operations go back to the province.
Quebec Online Gaming Coalition Response
And this response today via LinkedIn from the Quebec Online Gaming Coalition, launched in May 2023 when Betway, Bet99, DraftKings, Entain, Flutter, Games Global, Rush Street Interactive and Apricot Investments came together, committed to working with the Quebec government and local stakeholders to develop a new regulatory framework for the province, that competes with government-owned Loto Québec, the only legal entity for online gaming.
“Once again, we can see that the Quebec government does not put priorities in the right place when it comes to supervising gambling: they are relentless in the bingo of seniors, but they are leaving thousands of young people without supervision on online gambling platforms.”
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