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Canadian gaming monopoly Loto Quebec has posted their full-year 2019 financial results, noting that revenues dropped 11.1% for the period.
Key financial indicators for the year ending December 31st, 2019 were:
Speaking about the performance Loto Quebec's president Lynne Roiter noted that revenues were down due to a high number of draws from the MaxMillions lottery, with large jackpots not being available to draw in increased interest from Quebec residents. Roiter said that these results will likely be a one-time thing, with this year possibly seeing a return to form.