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Casino sees 50 millionth visitor; flat Q1 revenues

(Stock image)

(Stock image)

Krystle Chow
Published on August 22, 2011
Published on August 22, 2011
Krystle Chow  RSS Feed

As Gatineau's Casino du Lac-Leamy – the second-largest casino in Quebec – celebrates its 15th anniversary, the gambling establishment is also heralding another milestone: the arrival of its 50 millionth visitor.

Topics :
Loto-Québec , Ottawa

The casino, which sees an average of three million people pass through its doors annually, last week announced the arrival of the landmark visitor, Ottawa resident Mrs. Diane Audet, and presented her with a $4,000 prize package that included a stay in the adjacent Hilton Lac-Leamy Hotel's presidential suite.

The news was followed by Loto-Québec's first-quarter earnings, which showed that Casino du Lac-Leamy contributed almost a third of total casino revenues for the gaming regulator, at $61.14 million. The figure was roughly flat compared to the year-earlier revenues, dipping slightly from $61.57 million.

Loto-Québec's overall casino revenues shrank by 4.6 per cent to $207.39 million, contributing to a 3.7-per-cent drop in total revenues, to $882.27 million. The regulator's earnings also fell by about 5.5 per cent, to $328.6 million.

While revenues Loto-Québec's larger business lines declined, it saw higher figures for bingo – which rose 5.6 per cent to $8.03 million – and a fresh revenue stream from its new online gaming segment, which pulled in $4.53 million during the quarter.

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