Three-quarters of the way through fiscal 2024-2025 – Loto-Québec maintains its momentum and posts strong results

MONTRÉAL, March 13, 2025 /CNW/ – Loto-Québec had a very good third-quarter performance in the 2024–2025 fiscal year, with growth over the same period last year. The posted results confirm the corporation is on its way to reaching its net income target for the current year. Our teams’ ongoing commitment across the organization, combined with efficient and responsible management, continues to support this performance, which benefits all of Québec.

For the quarter, which ran from October 1 to December 30, 2024, Loto-Québec’s total revenues amounted to $734.4M, a $35.5M (+5.1%) increase, while its net income reached $360.5M, up $21.3M (+6.3%).

Overall, from April 1 to December 30, 2024, the figures show total revenues of $2.238B (+$127.0M or 6.0%) and a net income of $1.132B (+$55.8M or 5.2%).

It is worth noting that lottery winners have received $1.073B in prizes since the current fiscal year began.

QUOTES FROM THE PRESIDENT AND CEO

“I want to highlight our teams’ diligent work during this third quarter. Thanks to their dedication and determination, Loto-Québec remains on track, with very good financial results that surpass last year’s. This strong performance moves us closer to achieving our annual net income target. We’re very proud of it, especially since it ultimately benefits all of Québec,” says Jean-François Bergeron.

“Enthusiasm for our flagship product Célébration was at an all-time high, with ticket sales exceeding last year’s and a very exciting gala that brought people together. Our casinos and gaming halls also shone brightly during the holidays, treating our customers to festive and unforgettable experiences. The lineup of activities was appealing, as the increase in traffic shows.”

“Responsible commercialization principles remained at the core of our priorities. We took advantage of the holiday season to roll out campaigns reminding our customers that lottery tickets are for adults only and raising their awareness about the risks of playing under the influence of alcohol.”

RESULTS BY SECTOR

For the period from April 1 to December 30, 2024  

• Lottery product sector revenues amounted to $703.4M.
• Casino and gaming hall sector revenues were $906.8M. This sector is still on course to a record year.
• Gaming establishment sector revenues totalled $645.5M.

QUARTERLY HIGHLIGHTS AND CSR CONTRIBUTIONS

For the period from October 1 to December 30, 2024 

• During the quarter, the lottery crowned 32 new millionaires, bringing the total of new millionaires since the beginning of the fiscal year to 82.
• A Montréal resident won half of the $80M Lotto Max jackpot in the December 3 draw. This is the second time such a large jackpot has been won since the cap increased from $70M to $80M. On both occasions, it was partly won in Québec.
• Loto-Québec is proud to rank first among Québec festival and event sponsors for assisted visibility and second for spontaneous visibility, according to a study by Léger conducted this fall. These results confirm the corporation’s role as a leader and committed partner in sponsoring festive and responsible events throughout Québec.
• Loto-Québec announced its support for Université de Sherbrooke’s Cybersecurity Expertise Centre, a project that aims to strengthen the fight against increasing cyberthreats. Its support for creating the Research Chair in Post-Quantum Cybersecurity, which will develop cutting-edge solutions to protect Québec organizations and address future digital challenges, reflects the integrity at the core of its activities.

The Quarterly Report [PDF – 2.9 MB, in French only] is available on the Loto-Québec website.

SOURCE Loto-Québec

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