Loto-Québec Q1 Revenue Grows 2.1 Percent to CA$782.6 Million as Election Tests iGaming Monopoly
Loto-Québec posted CA$782.6M revenue, up 2.1%, with casinos up 4.4% to CA$337.6M. Net income rose 3.6% to CA$398.1M. The October 5 election may replace its iGaming monopoly with a competitive licensing regime if opposition parties win.
SCCG Take — An opposition victory would impose direct competition on the incumbent while creating licensed market access for private operators. The binding variable is whether the new regulator maintains channelisation standards post-transition.
Loto-Québec generated CA$782.6 million in total revenue for the first quarter of fiscal 2026-27. The 2.1 percent year-over-year gain added CA$16.1 million. Net income rose 3.6 percent to CA$398.1 million.
Casinos recorded the strongest result with CA$337.6 million, a 4.4 percent increase driven by higher visitation during warmer weather and festival season. Lotteries delivered CA$241.1 million, up 2.1 percent. Gaming establishments posted CA$208.4 million, down 1.8 percent.
Casinos Anchor Growth as Sports Betting Rides NHL Playoffs
Loto-Québec CEO Jean-François Bergeron credited teams for building momentum. “As the fiscal year begins, we are continuing to build on our momentum and once again seeing higher results, thanks to the hard work of all our teams, who are developing our offer responsibly,” he said. “The casino sector performance attests to the relevance of the offer. We will continue to strive to offer a responsible, engaging and diverse entertainment experience.”
Online casino revenue sits inside the casino segment while sports betting sits inside lotteries. The quarter included the Montreal Canadiens’ run to the NHL Conference Finals and the World Cup.
Election on October 5 Could Open Quebec Market
Polls released September 22 show nearly two-thirds of Quebecers favor a government change. The Parti Québécois leads at 29 percent, ahead of the Liberals at 23 percent and the governing Coalition Avenir Québec at 20 percent. Both the Parti Québécois and Liberals have pledged to empower the regulator to license all online platforms and adopt an Ontario-style competitive model in which Loto-Québec becomes one operator among many.
The election occurs October 5. A shift would replace the current crown corporation monopoly with multiple licensed private operators.
Reporting: Casino.org News
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
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