Go to content

Press release

2020-2021 FISCAL YEARLoto-Québec presents its results after the first two quarters of the 2020–2021 fiscal year

2020-2021 FISCAL YEARLoto-Québec presents its results after the first two quarters of the 2020–2021 fiscal year

Montréal, October 30, 2020 — Loto-Québec’s financial results for the current fiscal year have been greatly impacted by COVID-19. The pandemic led to the suspension of nearly all of the Corporation’s business activities as of mid-March. At the end of the first half of the year, i.e. the period from April 1 to September 28, 2020, total revenues stood at $687.4M and net income was $181.2M.

 

The lottery, casino and gaming establishment sectors, whose activities gradually resumed during the first half of the year, saw their revenues decline due to the pandemic. Only online gaming revenues increased compared to the same period last year. The 2020-2021 annual report [in French only, PDF – 715 ko] is available on Loto-Québec’s website.

 

Loto-Québec had to suspend some of its activities again at the end of September and in October in regions that were on red alert. The activities affected are those of casinos and gaming halls, as well as video lottery terminals, network bingo and Kinzo.

-30-

Source
Patrice Lavoie
Corporate Director, Media and Public Affairs
Loto-Québec
514-499-5130
patrice.lavoie@loto-quebec.com
twitter.com/patricelavoie

Information
Renaud Dugas
Senior Advisor, Media and Public Affairs
Loto-Québec
514-499-5208
renaud.dugas@loto-quebec.com

All press releases