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Canadian lottery and gaming operator Loto-Québec has reported continued growth in its third-quarter results for fiscal year 2025–26.
Group normalised revenue reaches $584.9m as trading conditions remain weak.
The figure represents an 3.5% increase from the prior year period, while operators submitted €89.8m in online gambling special tax, equating to growth of 8.8%.
Despite representing a 16.5% increase from the prior year period, Spain's online gambling revenue for the third quarter of 2025 also equates to a 1.4% decrease from Q2 2025.
The Canadian operator has demonstrated 4% year-over-year growth for Q3, but also indicated the potential need for refinancing in 2026.
Group posts sequential revenue growth despite foreign exchange pressures and mixed market performance.
The nation's Ministry of Finance has revealed rising remote revenue figures as part of its latest financial results.
CEO Uri Poliavich has highlighted a positive quarter for the company, with Q3 revenue up 88% year-on-year.
Q3 profit sat at €1m, compared to last year's €60.2m loss.
Total revenue for the quarter reached €47.7m, while the company reported a net loss of €1.7m for the first nine months of the year - an improvement on the €3m net loss reported in Q3 2024.
