Industry Analysis & Industry Trends
The recession damaged the Global Sports Betting and Lotteries industry, but still managed to grow over the five years to 2013. This is due to the the industry becoming preferable to various other types of gambling. The industry will continued to grow, albeit at a faster rate, over the five years to 2018... read more
Starting a New Business
The major barrier to entry is in obtaining a license from a national or state government to operate in any area of gaming within any jurisdiction. In many countries or states only one license is issued to operate a lottery and quite often it is operated by a government organization. However, in some other jurisdictions, a single private lottery operator has been appointed, following a tender process.
GTECH, owned by the Italian company Lottomatica, has been licensed to operate lotteries in California. It also supplies technical equipment (i.e... read more