Worldwide Lottery

FY 2015?2016

Montréal, February 26, 2016 – Loto?Québec reports continued growth and an impressive third?quarter performance for FY2015?2016. Revenues reached $901.6 million, an increase of $94.7 million (+11.7%) compared to the same period in 2014?2015. Net income, i.e. $328.2 million, rose by $71.1 million (+27.6%).

Very satisfactory cumulative results
• Revenues for the three quarters total $2.651 billion, or an increase of $160.9 million (+6.5%).
• Net income for the same period is $945.8 million, an increase of $101.9 million (+12.1%).

“Clearly, our 2015?2016 objective of $1.154 billion in net income will be reached. I’m pleased to note that the strategies we put in place over the past few years, including broadening our range of entertainment offerings and tightly managing expenses, have been successful,” said Gérard Bibeau, Loto?Québec’s President and CEO.

Efficiency: A continuing priority
• Efficiency measures materialized with lower total expenses of $9.1 million (?1.3%) for the current fiscal year.

Sustained efforts in recent years have resulted in considerably lower expenses.

Lotteries show good progress
• Sales climbed by $137.0 million (+11.4%), representing the best performance since 2012.
• Net income totals $357.9 million (+28.2%).

The many large jackpots offered by cross?Canada lotteries and steps to increase winners’ visibility explain that excellent performance. In addition, there were more prize payouts; 58 prizes worth $1 million or more were awarded (against 38 for the same period during the previous fiscal year). Loto?Québec increased its share of the Lotto 6/49and Lotto Max market compared to other Canadian lottery corporations.

Casinos did well in the third quarter
• Cumulative revenues increased by $12.5 million (+2.1%). 
• Net income grew to $155.4 million (+9.3%).

From April 2015 to January 2016, the 4 casinos reported approximately 300,000 more visits than during the same period in 2014. Clearly, this year’s overall range of entertainment offerings, including monthly themes, pleases our customers.

Gaming establishments follow the trend
• Gaming establishment revenues increased by $10.8 million (+1.5%). 
• Gaming halls: +$10.8 million (+44.2%)
• Video lotteries: ?$5.5 million (?0.8%)
• Bingo: +$5.3 million (+31.2%)
• Net income for the sector totals $432.5 million (+2.4%).

Gaming hall revenues grew thanks to the popularity of the Québec City gaming hall. Revenues from video lotteryterminals in bars and brasseries reflect the downturn experienced in this network. As for bingos, sales rose due to the excitement generated by new products offered in the halls.

Online gaming continues to grow
Espacejeux.com revenues total $46.2 million, an increase of $11.5 million (+33.2%).

This past year was marked by a significant broadening of online entertainment offerings.

Cumulative revenues at a glance

-30-

The quarterly report is available on Loto?Québec’s website at 
http://lotoquebec.com/cms/corporatif/en/the-corporation/documentation/documentation-centre.

Source:
Patrice Lavoie
Director, Communications and Press Relations
Loto-Québec
514-499-5130
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
twitter.com/patricelavoie_

http://lotoquebec.com/cms/corporatif/en/loto-quebec-and-you/press/press-releases?idCommunique=rapport-troisieme-trimestre-2016-02-26&annee=2016




WORLD LOTTERY WEBSITE LINKS

Industry



Worldwide

News February 17, 2017
Aric Nesbitt to be new Michigan lottery commission...
Latest News February 14, 2017
New Jersey law is the first to authorize and regul...
Latest News February 8, 2017
Hearing set for NH casino bill on Wednesday ...
January 31, 2017
New West Virginia Lottery Director Alan Larri...

LOTTERY EXPO 2016


Europe

LATEST NEWS February 9, 10
Arjan van ’t Veer is the new Secretary General o...
February 2, 2017
Kentucky Lottery proceeds are helping create a be...
February 1, 2017
Svenska Spel - Year-end report January-December 20...

Public Gaming Magazines

Public Gaming September/October 2016

.Pdf version of the magazine - click here

2016 Public Gaming July/August
2016 Public Gaming May/June
2016 Public Gaming March/April
2016 Public Gaming January/February

Public Gaming /Paul Jason - pjason@publicgaming.com   / Susan Jason - sjason@publicgaming.com  /Office Phone - + 425-449-3000