We recently reported that Ti(3+)-doped low-silica calcium aluminosilicate glass presents long luminescence lifetime (170 micros) and broad emission band (190 nm) shifted toward the visible region when compared with those from Ti(3+):sapphire single crystal and Ti(3+)-doped glasses [Phys. Rev. Lett.100, 027402 (2008)]. Here we demonstrate that this glass also shows high values of both gain cross section (approximately 4.7 x 10(-19) cm(2)) and luminescence quantum efficiency (approximately 70%). By comparing these values with those for Ti(3+):sapphire crystal, we can conclude that the studied Ti(3+)-doped glass is a promising system for tunable solid-state lasers.