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FY 2023-2024: Loto-Québec Delivers One of Its Best Performances in Nearly 20 Years


MONTRÉAL (June 6, 2024) Loto-Québec has maintained its momentum and posted excellent results. By the end of the 2023–2024 fiscal year, the corporation had paid out more than $3 billion, including a major dividend of $1.508 billion to the Government of Québec and $1.575 billion to winners. The results were Loto-Québec's best in almost 20 years, aside from its banner performance in 2022–2023.


"Thanks to our team's outstanding work, we achieved our budget target. Our teams worked diligently to diversify our offering and ensure its responsible and efficient management. As a result, we maintained our ratio of total expenses to revenues at the desired level," said Jean-François Bergeron.


"We're very proud that the World Lottery Association has renewed our Level 4 responsible gambling certification, the highest such recognition in the industry. It shows that responsible commercialization is central to everything we do."


"Our achievements over the past year were numerous, including our exciting announcement that a hotel will be built on the Casinode Montréal grounds. Once completed, this major project will cement the casino's status as one of North America's top entertainment destinations."


Highlights

This year's results are the fourth highest in Loto-Québec's history, despite the economic context. The teams continued enhancing the offering to keep it in line with customer expectations while maximizing operational efficiency and ensuring responsible commercialization, which remains a priority for the organization.




Results by Sector



Other Contributions to the Community

  • $396 million: Payroll to nearly 5,000 employees

  • $337 million: Commissions paid to nearly 10,000 retail operators

  • $315 million: Purchases from some 1,000 companies doing businessin Québec

  • $35 million: Direct contributions to problem gambling prevention

  • $14 million: Contributions to over 500 non-profit organizations

  • $13 million: Sponsorship contributions, including 54 Rendez-vous Loto-Québec events


The 2023–2024 Annual Report [PDF – 7.8 MB, in French only] is available on the Loto-Québec website. The English version will be available later.



Contact:

Renaud Dugas, Spokesperson and Media Relations Director, Loto-Québec

514-499-5208


SOURCE Loto-Québec


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