Online Gambling Generates $20 Million in Quebec

Quebec was the second province in Canada to launch its own online gambling website, regulating its activities via Loto Quebec, the province’s lottery monopoly. Statistics have recently been released, highlighting the contributions of the province’s online gambling website, EspaceJeux, to the total revenue of the lottery commission.

According to a recent report, EspaceJeux helped to generate more than $20 million to lottery revenues in the province. It is only a small portion at the moment, but the growing popularity of the site will see to it that numbers continue to increase over the course of the next few years.

Lottery sales from Lotto Quebec remained at the same level as the year before, bringing in $1.7 billion. Casino revenue increased by just over 1%, bringing in $800 million while VLTs generated $998 million.

So, online gambling’s contribution to the $3 billion worth of profits does not seem large in comparison. However, it is a long-term commitment that is going to flourish over time. Loto Quebec anticipated that the online gambling market would be worth hundreds of millions of dollars over the course of the next few years; so EspaceJeux is well on its way to living up to the commission’s great expectations.

With the Kahnawake Gaming Commission located just outside of Montreal, it would seem that offshore gambling players are still having a hard time letting go of their favourite sites. Many Microgaming casinos are licensed by the jurisdiction, and they offer some of the biggest progressive jackpot prizes that you’ll find in the online gambling world. So, it is no wonder that players at sites like All Slots and Maple Casino are unwilling to switch to a local provider.

Regardless, word is spreading about the EspaceJeux, and more and more residents are getting wind about its games and bonuses. The site even partnered up with BCLC’s PlayNow.com to offering an inter-province poker network. Buzz is still being generated, and it is likely that we will see even bigger and better numbers from EspaceJeux in years to come.

 

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