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Posted on: September 18, 2025, 10:03h.
Last updated on: September 18, 2025, 10:03h.
Loto-Québec is today reporting a 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.
9.9% Hike in Revenue in Q1
Total revenues are reported at CAD $766.5 million, a CAD $76.8 million hike over the same period last year. Consolidated net income was CAD $384.4 million; a CAD $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 that Bergeron referenced was marked by total revenues of CAD $2.993 billion, an increase from the CAD $2.932 billion reported the previous fiscal year.
Big Jump In Casino Hall Business
Net income last fiscal year was CAD $1.518 billion, a slight uptick from the CAD $1.511 billion reported for FY 2023-2024.
In Q1 2025-2026, the lottery sector generated revenues of CAD $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 CAD $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 CAD $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 CAD $2,211,553 playing a slot machine.
Gaming tables made their appearance at gaming halls, a new inter-location 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 the deficit is smaller than expected for the 2024-2025 fiscal year. One hundred per cent of profits from Loto-Québec operations go back to the province.
