Canadian entry for Red Tiger Gaming Limited
Maltese online casino games developer Red Tiger Gaming Limited has entered the embryonic iGaming market of Canada. It has signed an arrangement to supply some of its innovations to provincial lottery operator Loto-Quebec.
Loto-Quebec becomes the inaugural Canadian iGaming operator to have access to Red Tiger Gaming Limited's portfolio of over 200 titles.
Jeff Millar is the North America Commercial Director for Evolution Gaming Group AB. Loto-Quebec was established by the government of Quebec in 2969. The company launched its EspaceJeux.com domain twelve years ago. It will be looking to take advantage of new federal legislation to add a vast array of online casino, live-dealer, poker and sportsbetting entertainment to its already popular lotteries offering.
Loto-Quebec's third-quarter revenues increased by 70.1% year-on-year to surpass $496.8 million. Its consolidated net income for the three-month period increased 120.9% to about $260.2 million, and its combined receipts for first nine months of 2021 stood at around $1.36 billion for almost $728. 1 million in after-tax returns.