ALC meaning in Business ?

Answer: What is Atlantic Lottery Corporation mean?

The Atlantic Lottery Corporation (ALC) (French: Société des loteries de l'Atlantique), branded as simply Atlantic Lottery or Loto Atlantique, is a Canadian organization that provides government-regulated and responsible lottery products to Atlantic Canadian adults who choose to play. They offer a wide range of games, from draw games to online bingo; breakopen tickets to sports wagering; and games in both social settings and online.

Atlantic Lottery is owned jointly by the four Atlantic provincial governments: New Brunswick, Prince Edward Island, Nova Scotia and Newfoundland and Labrador, with 100 per cent of profits returned to the four Atlantic provinces each and every year to help fund essential services like health care, education and infrastructure.

Atlantic Lottery's head office is located in Moncton, New Brunswick, with regional offices in Halifax, Nova Scotia and St. John's, Newfoundland and Labrador. Prince Edward Island is home to Atlantic Lottery's Red Shores Racetrack and Casino in Charlottetown, and Red Shores at Summerside Raceway.

Atlantic Lottery has achieved Level 4 Recertification under the World Lottery Association (WLA) Responsible Gaming Framework. This is the highest level available to a lottery under the framework, which the organization has maintained since 2010.

reference

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