Higher revenue and profits for Loto Quebec

Good news for Loto Quebec. 

Revenue and profits were higher for the second quarter in a row.

The Crown corporation says the lion's share of its increase has been in lotteries, with light increases in revenue at three of Quebec's four casinos.

It posted a 12.4 percent decline in profits in the first three quarters of 2014.

That led to a change in planning.

It says it expects to cut costs in 2018 by, among other things, moving its Quebec City office to cheaper commercial space.