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Loto-Quebec released its Q2-2012 results
11/26/2012 : LOTO-QUÉBEC TURNS IN BETTER RESULTS
Online sector continues good performance
Canadian provincial gambling provider Loto-Quebec released its Q2-2012 results, delivering a stronger performance that that in its first quarter which it attributes to stringent spending controls and the continued robust performance of its online gambling offering at Espacejeux.com.
Internet gambling on the Espacejeux.com website delivered revenues of CAD$ 5.2 million up by 24.9 percent over the second quarter of its fiscal year 2011-2012.
The group posted revenues of CAD$917.4 million and reported profits of CAD$344.4 million up by 1.9 percent and 2.5 percent respectively compared to the same period the previous year.
Profit in the lottery sector rose by 3.6 percent to CAD$436.6 million, an increase of 2.1 percent whiles its four terrestrial casinos returned CAD$231.3 million in reported earnings, up 2.1 percent.
Video lottery revenues contributed CAD$248.3 million, marginally down from last year, however, its bingo sector revenues are reported at CAD$9.4 million, up by 7.8 percent which it says it can directly attribute to its halls hosting the Kinzo game.
In related news, the company announced the establishment of a "vice-presidency" dedicated to responsible gambling which will be headed up by Ms. Guylaine Rioux, a member of the Collège des médecins du Québec. Her responsibilities will include the development and maintenance of best practices in responsible gambling across all sectors of Loto-Quebec.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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