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Loto-Québec surpasses CA$3bn revenue milestone

President and CEO Jean-François Bergeron said he is satisfied with the slight 0.5% increase in net income despite a tougher economic climate, noting that the state-owned company continues to make significant investments.

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LotoQuebecResults
Key Points
Loto-Québec reported record total revenues exceeding CA$3bn (US$2.16bn) for the first time during the 2025–26 fiscal year, marking a major milestone for the operator
Consolidated net income surpassed CA$1.5bn for the fourth consecutive year, rising 0.5% year on year despite a challenging economic environment
Casino and gaming halls led performance with CA$1.30bn in revenue, followed by lottery products at CA$995.6m

Loto-Québec has reported total revenues exceeding CA$3bn for the first time in its history, marking a major milestone for the Canadian lottery and gaming operator during the 2025–26 fiscal year.

Its consolidated net income, which is fully reinvested in the community, has surpassed CA$1.5bn for the fourth consecutive year. However, this is only a slight increase of 0.5% compared with the previous year.

Revenue was led by Loto-Québec’s casino and gaming hall segment, which generated CA$1.3bn during the fiscal year, a jump of 8.3% compared to the previous year. Lottery products contributed CA$995.6m, a 0.5% decline year-on-year. While gaming establishments produced CA$814.5m in revenue.

President and CEO Jean-François Bergeron said he is pleased with the modest growth in net income amid a more challenging economic environment, while the state-owned company continues to invest heavily.

He stated: “We are talking about roughly CA$7m or CA$8m more than last year in net income. So we are solidifying our contribution level at CADCA$1.52bn.”

Bergeron also pointed to ongoing real estate and development projects as part of the organization’s broader strategy.

On this, he commented: “Our cornerstone real-estate projects - the addition of a hotel adjacent to the Casino de Montréal, new gaming halls in Rimouski and Saguenay, and the expansion of the Hôtel-Casino du Lac-Leamy conference centre - are part of our commitment to enhancing the experience we offer our customers and contributing to Québec’s economic and touristic vitality.”

Good to know

Looking ahead, the operator plans to adapt to the growing use of self-service checkouts in retail environments by integrating lottery offerings directly into these systems.

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