Loto-Québec reported that its revenues grew more than 11% for the second quarter of the calendar year, driven by larger gains in casino and gaming halls.
The crown corporation’s latest financial update, posted Thursday, Sept. 18, showed that its total revenues hit $766.5 million for the three months between April 1 and June 30, 2025. That was an increase of $76.8 million (11.1%) from the same quarter in 2024.
Casino and gaming hall revenues constituted the largest chunk of that money, yielding $323.4 million, a year-over-year jump of 17.6%. The organization noted in a release that it enhanced those offerings during the quarter through new gaming options such as table games installed in gaming lounges, an inter-location progressive jackpot in poker and an optional bet in blackjack.
Lottery revenue was $236.3 million, a more modest increase of 7.8%. And the “gaming establishment” sector, which encompasses sports betting, video lottery terminals in bars, and bingo and Kinzo halls, recorded revenues of $212.2 million, up 5.7%.
Loto-Québec’s net income climbed 9.9% year over year to $384.4 million, rising by $34.7 million.
CEO cites continued momentum
CEO and President Jean-Francois Bergeron said that the results continued the crown corporation’s momentum from last year. For the 2024-25 fiscal year ended March 31, 2025, Loto-Québec’s total revenue and net income both ticked up fractionally from the previous year, with revenue reaching $2.993 billion and net income hitting $1.518 billion.
“Our digital platform continued to capture the market, with increasing results for both lottery and casino games,” added Bergeron. “This success is based on a diversified, up-to-date and responsible offering. This start to the year is promising and I am convinced that we will continue to deliver results that we can be collectively proud of because they benefit all of Québec.”
The gains came after some upgrades to Loto-Québec’s various channels in the previous months. Last November, it launched an immersive live-streaming gaming experience from Casino de Montréal in partnership with awager and in February it struck an online casino content deal with growing Canadian supplier Bragg Gaming Group. It also recently added Jackpot Digital’s electronic dealerless poker tables in multiple casinos.
The CEO noted that the organization has also made further developments this quarter, including expanding the conference centre at the Gatineau area’s Hôtel-Casino du Lac-Leamy.
Online gaming lobbyists call for open market
However, industry lobbyists and the Québec Online Gaming Coalition (QOGC) continue to advocate for Québec to open up its gaming market and allow commercial operators to enter the province to compete with the government lottery.
At June’s Canadian Gaming Summit in Toronto, QOGC spokesperson Ariane Gauthier argued that Loto-Québec’s small full-year increases suggest the crown corporation “has shown no progress this year” and is actually declining in performance once you adjust for inflation.
TRM Public Affairs President and Canadian Online Gaming Alliance lobbyist Troy Ross presented data at CGS that suggested that around 27% of all online gambling in Québec takes place with Loto-Québec, leaving approximately 73% being conducted on unregulated platforms.
Gauthier argued that even a more generous estimate of 50 to 60% is not good enough. The QOGC, whose members include DraftKings, FanDuel parent Flutter, BetMGM co-owner Entain and other leading operators, has urged Québec to look at the successes Ontario has had with its first years of regulated iGaming and follow a similar path.
