Atlantic Lottery Corporation (ALC) has a new president.
ALC Board of Directors announced its decision to appoint Patrick Daigle, president and CEO of the agency.
“I am honoured to continue in the role of president and CEO and lead the Atlantic Lottery team into this next chapter,” Daigle said.
“We will continue to put Atlantic Canadians first, balancing social responsibility with sustainable profits to help support our region.”
With almost 25 years of leadership experience, Daigle will prove a crucial asset to the company.
Years of proven experience
Daigle previously served as interim president and CEO.
He took on the role temporarily in February after Chris Keevill left the organization for the private sector.
A part of ALC since 1997, Daigle is one of the organization’s longest-serving members. Previously he held the position of CFO.
Daigle’s senior leadership roles include finance, supply-chain management, human resources, risk management, board governance, and information security.
“The Board of directors’ succession committee followed a rigorous hiring process to ensure we identified the best candidate for this position,” said Sean O’Connor, ALC chair.
“We are pleased that candidate was Patrick Daigle, who brings many years of proven experience and knowledge of Atlantic Lottery’s operations to the role.”
The announcement came after the corporation confirmed it partnered with Austrian company Neccton, an analytical application for online gambling providers.
ALC will now adopt Neccton’s PlayWise rating tool that boosts player protection from harmful play patterns.
ALC revenue dropped 11.9% in 2020-21
“I am happy to share Atlantic Lottery’s 2020-21 financial results and to announce that the corporation returned CA$346.5 million to the four Atlantic provinces last year,” said Daigle in the ALC’s 2020-21 annual report.
According to the release, ALC returned CA$118.9 million to Nova Scotia and CA$118.6m to New Brunswick. Newfoundland and Labrador received CA$94.3m, while CA$14.7m went to Prince Edward Island.
Moreover, in 2020-21, alc.ca experienced record numbers that continue to grow.
“Atlantic Lottery continues to invest in its digital channels and is working to modernize our player experiences so we can continue to compete in this highly competitive market and maximize future profit returns,” Daigle said.
“This focus helped us to pivot during COVID-19 and identify ways to continue providing our players with exceptional experiences despite service disruptions.”
The iLottery share of net profit increased from the previous year’s 4% to 16% in 2020-21. Also, the percentage of total lottery sales from the iLottery line of business increased from 8% to 27%.
“We will continue to put our players first, providing innovative new products and experiences in a responsible and regulated manner,” Daigle added.
Publicly owned by the four Atlantic provinces, ALC returns all its profits locally. Since its founding in 1976, ALC returned more than CA$10 billion in total earnings to the region.