Atlantic Lottery’s (ALC) latest annual report reveals $487 million in profits returned to the four Atlantic provinces in 2023-24.
The organization saw growth across its online gambling platforms, with revenue from the iLottery business increasing by 17 percent.
In total, ALC distributed $447 million in prizes, an increase of $7 million from the previous year.
ALC profits help fund essential public services such as healthcare, education, and infrastructure. However, illegal gambling remains a significant issue, with nearly $200 million leaving the region annually due to offshore platforms.
Atlantic Lottery is the only legal provider of online gaming and sports-betting in Atlantic Canada, but many residents continue to use unregulated sites. “Unfortunately, nearly $200 million leaves Atlantic Canada each year as a result of the illegal gambling market,” said CEO Patrick Daigle, adding that this diverts profits that could otherwise support local communities.
You can read the full report on the ALC website.
