Loto-Québec reported total revenue of CA$689.7 million for the three months to 30 June 2024, down CA$21.4 million from the same quarter a year earlier. The company said the decline was largely because the quarter was two days shorter; consolidated net income fell CA$31.2 million to CA$349.7 million.
The shorter quarter partly explains lower revenue, while net income also fell, informing assessment of Loto-Québec’s performance.
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The Parti Québécois won Quebec’s 5 October election and is expected to pursue a private online gambling model, according to reports. The party has indicated it would take a regulatory approach similar to the Liberals’ proposal, but the rules and oversight body remain undecided. The article estimates that 73% of play currently takes place outside regulated channels.
Gaming Corps has agreed to supply casino content to Loto-Québec’s online platform in Québec, with availability expected in the fourth quarter of 2026, according to the report. The selection includes slots, Blackjack and Plinko, and will be distributed through Light & Wonder. The parties did not disclose financial terms.
Quebec Liberal Party leader Charles Milliard said on 9 September that the party would give the Régie des alcools, des courses et des jeux responsibility for licensing and overseeing online gambling if elected on 5 October. Parti Québécois leader Paul St-Pierre Plamondon also expressed support for a regulated commercial market, while the CAQ remains committed to Loto-Québec’s monopoly.
The Canadian Lottery Coalition has called for stronger restrictions on prediction markets. The appeal follows financial regulators’ statement on 27 August that sports event contracts should not qualify as securities.
CasinoCanada research estimated Stake’s Canadian market value at CAD2.50bn. The research assessed 301 gambling brands and ranked Stake first, stating that it held no provincial licence. It cited Blask’s August 2026 estimates of CAD712m in offshore wagers and CAD484m through licensed operators.