Published on: June 5, 2026, at 12:44 PM.

Updated on: June 5, 2026, at 12:44 PM.

• Net income surpasses $1.5 billion for the fourth consecutive year
• Crown corporation reported a record payout of $1.914 billion to lottery winners in FY 2025-26
• Increasing demands for an Ontario-like open market approach

Loto-Québec achieved over $3 billion in total revenue for the fiscal year 2025-26, marking a historic milestone as detailed in its annual report.

Advocating for an Ontario-Inspired iGaming Framework

Loto-Québec reported total revenues of $3.089 billion, with net profits reaching $1.525 billion, marking its fourth consecutive year above the $1.5 billion mark. This revenue is reinvested in the province.

Jean-Francois Bergeron, President and CEO of Loto-Québec, acknowledged the increasing consensus for a revised regulatory framework. This would dissolve the existing government monopoly and allow private iGaming operators to enter the market, akin to models in Ontario and Alberta.

The Need for Regulatory Oversight

“Our strong financial performance underscores our organizational strength and growth potential, providing substantial benefits for Québec,” noted Bergeron.

“It is crucial for Loto-Québec to enhance its footprint in online gaming, including sports betting. This ensures better regulation and that the profits benefit the people of Québec. We advocate for a responsible approach that focuses on capturing the market rather than merely boosting its size.”

Upcoming Quebec Provincial Elections

As previously reported, elections at the provincial level are slated for this October. Current polling by 338Canada indicates a competitive three-way race among the Parti Québécois at 30%, the Liberal Party at 28%, and the ruling Coalition Avenir Québec (CAQ) at 20%.

Ariane Gauthier, spokesperson for the Quebec Online Gaming Coalition (QOGC), which represents major players such as DraftKings, Flutter, and Betway, stated that the leading opposition parties have interacted with the QOGC and are ready to explore the possibility of a more open, competitive market in Quebec.

Concerns Surrounding iGaming Marketing

Gauthier pointed out that the CAQ is opposed to market liberalization.

One primary concern raised by opposition parties is the extensive iGaming advertising in Ontario and its potentially harmful effects on young audiences.

“Yet, the advertising volume in Ontario mirrors its choices,” she explained. “Quebec can introduce distinct regulations for private iGaming offerings, potentially with stricter guidelines. There’s no need to replicate an existing model.”

Record Lottery Payouts

Loto-Québec’s annual report revealed that an unprecedented $1.914 billion was awarded to lottery winners in the fiscal year 2025-26.

Breaking down the revenue by sector shows that casinos and gaming halls contributed $1.301 billion, lottery games generated $995.6 million, and gaming establishments—including sports betting, video lottery terminals in bars, and bingo—brought in $814.5 million.

New Gaming Facility Opened

In December, Loto-Québec announced the debut of a fourth gaming hall situated in Saguenay, on the Delta Hotel grounds and its conference center.

“The preference of 81% of Quebec’s online gamers for lotoquebec.com demonstrates that our online services effectively meet customer demands,” the statement affirmed.

Quebec’s gaming market is anticipated to be particularly dynamic through the end of the year. Research by TRM Public Affairs reveals that Quebec’s total accessible iGaming market is just below $3.1 billion, with only 27% of gaming activity funneled into the regulated sector, leaving 73% in the unregulated space. TRM estimated that Quebec is losing approximately $2.3 billion in gross gaming revenue to the unregulated market.