{"id":256,"date":"2024-06-26T16:30:27","date_gmt":"2024-06-26T13:30:27","guid":{"rendered":"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/"},"modified":"2024-06-26T16:30:27","modified_gmt":"2024-06-26T13:30:27","slug":"digital-wagering-fuels-loto-quebecs-success","status":"publish","type":"post","link":"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/","title":{"rendered":"Digital wagering fuels Loto-Quebec&#8217;s success"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/pQK3-8xb67A\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Digital wagering fuels Loto-Quebec&#8217;s success &#8211; iGB<\/p>\n<p>The substantial increase in online gambling income aided Loto-Quebec, the Canadian provincial lottery operator, in issuing enhanced financial predictions for the 2017-18 fiscal year.<\/p>\n<p>Home > Finance > Digital wagering fuels Loto-Quebec&#8217;s success<\/p>\n<p>Digital wagering fuels Loto-Quebec&#8217;s success<br \/>\nThe substantial increase in online gambling income aided Loto-Quebec, the Canadian provincial lottery operator, in issuing enhanced financial predictions for the 2017-18 fiscal year.<\/p>\n<p>Loto-Quebec&#8217;s net profit rose by 8.5% to C$1.335 billion (GBP 764 million\/EUR 877 million\/USD 1.02 billion), with turnover increasing by 3.7%, as the operator reported improved results across all key metrics.<\/p>\n<p>However, online gambling was the standout performer, despite currently being the operator&#8217;s smallest division, with sales surging 37.5% to C$118 million through the EspaceJeux.com platform, continuing the momentum from the previous year when the division grew by 29.7%.<\/p>\n<p>Online casino revenue increased by 40.6% to C$64.3 million, while online lottery sales grew by 34% to C$53.7 million.<\/p>\n<p>These results appear to validate Loto-Quebec&#8217;s decision earlier this year to consolidate all its online products under one platform, including bingo, casino, lottery, poker and sports betting.<\/p>\n<p>The lottery business remains the operator&#8217;s primary source of revenue, with sales reaching C$1.881 billion, up 2.9%. Loto-Quebec&#8217;s four casinos generated total sales of C$906.9 million, an increase of 8%. <\/p>\n<p>The increase was a mere 1%.<\/p>\n<p>Canada&#8217;s Finance Minister, Carlos Leitao, aimed for a target of C$1.141 billion. Meanwhile, dividends boosted public finances by 8.7%, hitting C$1.31 billion.<\/p>\n<p>In related news, Loto-Quebec has introduced a new online lottery service.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital wagering fuels Loto-Quebec&#8217;s success &#8211; iGB The substantial increase in online gambling income aided Loto-Quebec, the Canadian provincial lottery operator, in issuing enhanced financial predictions for the 2017-18 fiscal year. Home > Finance > Digital wagering fuels Loto-Quebec&#8217;s success Digital wagering fuels Loto-Quebec&#8217;s success The substantial increase in online gambling income aided Loto-Quebec, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Loto-Quebec Boosted by Digital Wagering<\/title>\n<meta name=\"description\" content=\"Online gambling fuels Loto-Quebec\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Digital wagering fuels Loto-Quebec&#039;s success\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Online gambling fuels Loto-Quebec\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Trusted Online Casino: Exciting Games, Secure Gaming Experience\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-26T13:30:27+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/slotscapital.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"headline\":\"Digital wagering fuels Loto-Quebec&#8217;s success\",\"datePublished\":\"2024-06-26T13:30:27+00:00\",\"dateModified\":\"2024-06-26T13:30:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/\"},\"wordCount\":262,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/slotscapital.icu\/#organization\"},\"articleSection\":[\"Gambling\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/\",\"url\":\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/\",\"name\":\"Loto-Quebec Boosted by Digital Wagering\",\"isPartOf\":{\"@id\":\"https:\/\/slotscapital.icu\/#website\"},\"datePublished\":\"2024-06-26T13:30:27+00:00\",\"dateModified\":\"2024-06-26T13:30:27+00:00\",\"description\":\"Online gambling fuels Loto-Quebec\",\"breadcrumb\":{\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/slotscapital.icu\/2024\/06\/26\/digital-wagering-fuels-loto-quebecs-success\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/slotscapital.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Digital wagering fuels Loto-Quebec&#8217;s success\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/slotscapital.icu\/#website\",\"url\":\"https:\/\/slotscapital.icu\/\",\"name\":\"Trusted Online Casino: Exciting Games, Secure Gaming Experience\",\"description\":\"Immerse yourself in the excitement of our licensed online casino, featuring fresh articles, comprehensive reviews, and the most recent industry news. 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