Quebec online sports betting sales rise as Canadian lotteries push back against ‘grey’ operators

Quebec online sports betting sales rise as Canadian lotteries push back against ‘grey’ operators

Article brief provided by Covers
  • Geoff Zochodne, Covers
September 29, 2022 10:28 PM
  • Geoff Zochodne, Covers

The sole provider of legal sports betting in Quebec says that online sales shot up during its fiscal first quarter, even as the company and other government-owned gaming corporations are competing for customers in their own backyards against offshore operators.

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Loto-Québec’s first-quarter report shows that sports betting generated around $8.3 million in revenue from April 1 to June 27, an increase of 7.7% from last year’s first quarter.The government-owned company also said there was a 33.3% increase in online sports betting sales compared to last year, when single-game wagering was not yet legal in Canada.

“Single-event betting, which was added to the gaming options in August 2021, is very popular with players and strongly encourages live betting,” Loto-Québec said in a press release last week.