Quarterly reports are important for any company’s development because they provide time to evaluate everything achieved. Lotto Quebec recently announced financial results for the first six months of lottery and game operations for the 2019-2020 financial year. Sales reached C$1.415 billion when everything was mentioned and completed, up 9.9% since the first half of the 2015-2016 financial year.
Useful information on Crown Company’s performance will be published quarterly and regular updates will be made throughout the fiscal year. The end of October provides useful insights into the way Quebec game lovers regularly use cash. Roto Quebec reported earnings over the first half of this fiscal year highlighting the positive impact of revenue growth, thanks to cost optimization and new deliveries.
As clarified by a recently published financial report, since fiscal year 2015-2016, Lotto Quebec has increased its net profit by 17.6%, eventually reaching C$736 million. This equates to approximately CA$110.3 million more than 4 years ago. As for the six-month period in question, it has proved more generous than ever, especially when it comes to lottery tickets featuring regular draws twice a week.
Last year, Facebook injected CA$2.58 million into Google ads
In the six months ended Sept. 30, lottery games raised about C$449,750, down slightly from the first half of the previous fiscal year. In the first six months of the 2018-2019 financial year, the lottery raised about C$467,003. The decline may be related to the regular Lotto MAX and Lotto 6/49 main awards and additional prizes earned over the first half of 2019-2020.
Lotto-Québec Collaborates With Intermap For A Brighter Online Game Future
In the second quarter alone, a total of 24 players collected Canadian $1 million in lottery wins, a fairly generous period for . Revenue rose when it came to casino games, online gambling and game halls spread across the province. The three-month period ending Sept. 30 surged year-on-year to C$283,680, but casino games declined slightly when it came to the six-month period ending then.
H1 report highlights performance
About CA$512,455 was generated in H1 2019-2020, while about CA$486,718 was raised in the same period in the 2018-2019 financial year. Casino locations across the province have been particularly attractive to customers, thanks to the exciting offering of Futuristk festivals and Vegas themed events. On the other hand, the arcade eventually recorded a slight increase in revenue, amounting to C$465,935.
Lotto Quebec Celebrates 25th Anniversary With Breathtaking Live Performance
It should also be considered that video lottery terminals across the province are undergoing reconstruction. This replaces the old and outdated terminals with new ones that are expected to attract even more people. The company that boasts VLT raised about C$979.5 million over the 2018-2019 financial year. 슬롯머신
ROTO-Québec unveils C$18 mln bonus for executives, directors
Online performance is one of the strong advances in Roto Quebec, which has been true for many years. The annual report reviewing the 2018-2019 financial year highlighted that Quebec players poured about C$154 million into espacejeuxcom. This is an online offering from Roto Quebec that allows regulated mobile gambling to anyone interested.