Loto‑Québec reports higher income and exceeds objectives
Montreal, June 16, 2017 /LOTO QUEBEC/ - Montréal, June 16, 2017 – Finance Minister Carlos Leitão submitted Loto-Québec’s 2016-2017 Annual Report to the National Assembly this morning. The Corporation’s total revenues reached $3.636 billion, which is $75.3 million higher (+2.1%) higher compared to the previous fiscal year. Loto-Québec paid a dividend of $1.206 billion, exceeding the target announced by the government by $58.2 million.
|Prizes paid out
“We have successfully continued our renewal strategy over the past year, which is based on three strategic directions focused on entertainment, efficiency and responsible commercialization. We are pleased to present such positive results for fiscal year 2016-2017, explained Lynne Roiter, President and CEO, Loto‑Québec.