SectorWire
SearchGet the daily briefing
Menu

Quebec gaming coalition says province misses C$300m in annual tax revenue

Regulation

The Québec Online Gaming Coalition urged Quebec’s government to allow commercial online gambling operators to compete with Loto-Québec, saying it briefed the provincial Ministry of Finance on the proposal. The coalition estimates regulated commercial gaming could generate around C$300 million in tax revenue each year, based on a hypothetical 20% gross gaming revenue tax.

A change in Quebec’s online gambling framework could open the provincial market to commercial operators.

End-of-day close DraftKings (DKNG), USD, to 27 March 2026
Story date29 December 202527 March 2026

Connections

Request a correction

Keep reading

Deals & M&A

Analysts project World Cup betting could exceed $50bn globally

Global wagers on the 2026 FIFA World Cup could exceed $50bn, according to Macquarie analyst Chad Beynon, compared with more than $35bn at the 2022 tournament. Deutsche Bank estimates US betting handle could reach about $3.3bn, including approximately $1.3bn for FanDuel and $1.1bn for DraftKings. Macquarie forecasts the event could lift operator EBITDA by 2% to 5% in 2027.

Continue reading