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
The majority of total industry revenue is related to lotteries and other number based games. Over the past five years restricted access to tax revenue has encouraged further legalization of these activities worldwide. Lotteries have also benefited from the subdued economic activity as more people participate in lottery spending during difficult economic times, and proportionally it has grown somewhat as the decline of wagering continues in countries where it is most popular.
Lotteries are usually licensed to operate by government organizations, with a portion of gross revenue allocated for social or community programs – including health and education... read more