May 22, 2013 8:02 PM ET

Hotels, Restaurants and Leisure

Company Overview of Loto-Québec, Inc.

Company Overview

Loto-Québec, Inc. engages in the businesses of public lotteries. The company, through its subsidiaries, operates casinos, and restaurant and hotel services, as well as a video lottery network, including gaming halls and network bingo activities. It also sells and markets traditional, instant, and terminal-based lotteries, as well as the sports lotteries. Loto-Québec, Inc. was founded in 1969 and is headquartered in Montreal, Canada.

500 Sherbrooke Street West

Montreal, QC H3A 3G6

Canada

Founded in 1969

Phone:

514-282-8000

Fax:

514-873-8999

www.loto-quebec.com

Key Executives for Loto-Québec, Inc.

Chief Executive Officer
Corporate Vice President of Finance & Administration
Chief Operating Officer and Senior Vice President
President of Operations Societe des casinos du Quebec and Rest-Casino
President of Operations Lotteries
Compensation as of Fiscal Year 2012.

Loto-Québec, Inc. Key Developments

Loto-Québec, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 26, 2011

Loto-Québec, Inc. reported earnings results for the second quarter and six months ended September 26, 2011. The company reported total sales rose to $900 million during the second quarter, an increase of $11 million over the same period last year. The higher sales can be explained by the healthy performance of the lottery sector, which grew by 2% during the summer. Earnings were $900,027,000 compared to $889,969,000 last year. Between June 28 and September 26, the company’s business generated earnings of $336.2 million compared to $344.9 million last year. At the end of the two first quarters, the results are slightly higher than the forecast that was used to establish the budget figure of some $1.310 billion for fiscal 2012.

Loto-Québec, Inc. Announces IFRS Earnings Results for the First Quarter of Fiscal Year 2012

Loto-Québec, Inc. announced IFRS earnings results for the first quarter of fiscal year 2012. At the end of the first quarter of fiscal year 2011-12, the company’s revenues are 3.8% lower, reaching $882.3 million as compared to $916.8 million for the same period last year. Overall reported earnings reached $328.6 million, dropping by 5.5% compared to the same period in 2010-11. The company stressed that large prize-payout sequences vary from year to year and may considerably impact corporation's quarterly sales figures.

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