Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)
728x90 banner available here

Latest News

Loto-Québec going well as they report positive results for the start of the 2018‑2019 financial year

Published

on

Reading Time: 2 minutes

 

Loto-Québec reports positive results for the start of the 2018‑2019 financial year. Consolidated revenues reached $686.5 M, an increase of $41.6 M (+6.4%) compared to the same period last year. Net income amounted to $359.8 M, a gain of $34.7 M (+10.7%).

 

KEY FIGURES

2018-2019

2017-2018

Consolidated revenues

$686.5 M

$644.9 M

Net income

$359.8 M

$325.1 M


“Loto-Québec was able to attain positive results during this first quarter thanks to the efforts of all of its sectors. I’d like to thank all our teams for their excellent work,” said Lynne Roiter, Loto-Québec’s President and CEO.

HIGHLIGHTS

  • Lotteries: Increase of 22.5% in revenues and 28.7% in net income
    The lotteries sector performed best. Lotto Max offered record prizes, and the $60 M jackpot was once again won in Québec. The 100 $ ULTIME lottery was also very popular and produced several millionaires. Instant lottery sales are growing thanks to original concepts that customers love.
  • Casinos: Stable revenues and net income
    Casinos have made several customers really happy with the Leave in a BMW theme, creating a lively ambiance that revved up the entertainment factor and enabled several of them to win a range of prizes. If there had not been one day less in the quarter, revenues would have risen by $2.9 M (+1.4%). Another factor to consider is the increase in the total prize amount that was paid to Casino de Montréal customers, which negatively impacted revenues.
  • Gaming establishments: 1.4% lower revenues and stable net income
    In the gaming establishment sector, revenues from bars and brasseries were lower due to the withdrawal of terminals in areas targeted by the action plan for video lottery terminals. On the other hand, gaming halls performed well.
  • Revenues from the lotoquebec.com website, all types of games combined, rose by 34.9%.

Note: Due to new accounting methods, prizes paid out are now deducted from lottery, bingo and Kinzo revenues, as was already the case for casinos and video lotteries (more details are available on page 6 of the quarterly report). Figures for 2017-2018 were therefore adjusted. Gross profit and net income were not affected.

The quarterly report is available on Loto-Québec’s website.


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

EGT Digital is ready for another successful SiGMA Africa show

Published

on

Reading Time: 2 minutes

EGT Digital has prepared well for its second participation in SiGMA Africa. On March 11th and 12th, the exhibition attendees will have the opportunity to get acquainted with its compelling product selection, which the company will showcase together with EGT on stand 10P.
The Bulgarian provider will reveal the captivating world of over 120 in-house developed casino games, offering a wide diversity of themes, numerous bonuses, and great entertainment.
EGT Digital’s iGaming platform X-Nave will also be on display to demonstrate its 4 main modules: Gaming Aggregator, Sport Product, CRM Engine, and Payment Gateway. All of them can be both part of the complete solution or operate independently, as they allow integration with third-party providers’ developments.
The Gaming Aggregator will introduce over 13 000 titles from more than 130 providers. It will also demonstrate features like the Buy Bonus, Hot and Cold games category, giving live RTP insights, as well as numerous functionalities for content personalization.
X-Nave’s Sport Product will show a number of new features, aiming to offer users a faster and better betting experience. The operators will be able to become familiar with more functionalities and tools, providing them with detailed information about players’ preferences and behavior and enabling them to further customize their offerings.
The guests will also have the chance to learn more about the CRM Engine’s numerous player management tools and bonus features. The Gamification and loyalty and Player Journey modules will present their redesign.
EGT Digital’s Payment Gateway will also be available to operators, including a rich variety of payment methods. It will demonstrate new options like deposit repeat, bonus selection, and two-factor authentication for higher security.
“I am very glad that we will take part in SiGMA Africa once again, as this event gives us the excellent opportunity to build on our existing partnerships in the region and reach out to many potential new customers who can see and try out our iGaming solutions on-site,” said Tsvetomira Drumeva, Head of Sales at EGT Digital. “In addition, we are looking forward to the SiGMA Africa Awards, where EGT Digital is a finalist in the Best Slot Game Provider 2025 category.”

The post EGT Digital is ready for another successful SiGMA Africa show appeared first on European Gaming Industry News.

Continue Reading

Latest News

Stakelogic Expands Presence in Switzerland with Exclusive Blackjack Launch at Jackpot.ch

Published

on

Reading Time: 2 minutes

 

Award-winning Stakelogic Unveils Branded 7-Seat Blackjack Table at Jackpot.ch, enhancing the Swiss Live Casino Experience

Stakelogic has strengthened its position in the Swiss online casino market by securing an agreement with Jackpot.ch, the online platform of Grand Casino Baden, the country’s second-leading casino.

Offering Swiss players an immersive and premium live casino experience, Stakelogic has unveiled a branded Jackpot.ch Chromakey 7-seat Blackjack table, integrated through Gamanza as part of the partnership, guaranteeing flawless gameplay and outstanding performance.

This milestone is a significant growth phase for Stakelogic in the regulated iGaming market of Switzerland. Jackpot.ch is going to offer a distinctive and exclusive gaming experience to its players with the introduction of a branded blackjack table, thus cementing its position as a leading online casino.

Stakelogic’s Chromakey technology enables highly customisable branding, allowing operators to design a unique live casino setting. The 7-seat blackjack format boosts engagement, delivering a genuine and interactive table game experience.

With its latest launch, Stakelogic has further established itself as a leading supplier of live dealer products, with further emphasis on important regulated markets. Jackpot.ch players can now enjoy a high-quality, custom branded blackjack experience, adding to the online gaming landscape in Switzerland.

Neil Tanti, Head of Sales at Stakelogic, commented: “We are excited to team up with Jackpot.ch, one of Switzerland’s biggest online casinos, to introduce our branded 7-seat Blackjack table. It demonstrates our dedication to delivering innovative live casino solutions, which are tailored to meet the requirements of our operator partners.”

Brian Christner, Chief Online Gaming at Jackpot.ch added: “We are very excited about this partnership with Stakelogic. Their cutting-edge technology and dedication to quality align with Jackpot.ch’s mission to provide our players with the best gaming experience. The launch of our branded 7-seat blackjack table is a significant moment for us, as it sets a new standard for premium live casino entertainment on the market.”

The post Stakelogic Expands Presence in Switzerland with Exclusive Blackjack Launch at Jackpot.ch appeared first on European Gaming Industry News.

Continue Reading

Latest News

Logifuture and Bolabet deepen partnership with addition of Zoom Soccer

Published

on

Reading Time: < 1 minute

 

Immersive virtual product adds 30,000 extra events to leading African sportsbook

Logifuture, a leading supplier of award-winning iGaming products, has strengthened its partnership with leading African sportsbook Bolabet with the integration of Zoom Soccer.

Zoom Soccer delivers ultra-realistic virtual events for sportsbook users, delivering tens of thousands of events every month for nonstop 24/7 action. With no off-peak moments and a packed schedule that’s always relevant, Zoom ensures continuous engagement. Powered by RNG for steady margins and consistent profits, it creates a fast-paced, immersive betting experience that mirrors the excitement of real football games.

This extended partnership means Bolabet is now able to offer more than 30,000 extra pre-match and in-play betting events each month to its players in Africa.

The move follows the successful addition of Simulate – another of Logifuture’s pioneering virtual products – to the Bolabet platform in August 2024.

Niccolo Cassettari, Group Chief Business Development Officer at Logifuture, said: “We are thrilled to deepen our collaboration with Bolabet through the addition of Zoom Soccer, building on the success we have seen with our Simulate partnership.

“At Logifuture, we remain focused on delivering fast-paced and entertaining sports products, and with the expansion of Zoom Soccer, we are poised to meet that demand.

“As the need for dynamic, quick-turnaround sports content increases, particularly in emerging markets, this integration will further strengthen Bolabet’s virtual sports portfolio and offer players an unparalleled gaming experience.”

Bolabet CEO Justin Palmer said: “Bolabet aims to deliver an engaging and interactive experience for our players and it’s a pleasure to welcome Logifuture’s Zoom Soccer to our product portfolio.

“The addition of Simulate last year has been hugely popular with our players and we are sure Zoom Soccer will further enhance our players’ experience.”

The post Logifuture and Bolabet deepen partnership with addition of Zoom Soccer appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.