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Global Lottery Market Size Expected To Reach 450.46 Billion By 2027 | Lottery Industry Revenue Estimates and Growth Analysis By Recent Trends, Emerging Demand, Business Prospect, Top Vendors Data, Production and Capacity by Region

Published

2 years ago

March 24, 2022

Reading Time: 4 minutes

Global “Lottery Market” is a comprehensive research that provides information regarding Lottery market size, trends, growth, cost structure, capacity, revenue, and forecast for 2027. This report also includes the overall study of the Lottery Market share with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Lottery industry and provides data for making strategies to increase Lottery market growth and effectiveness. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Lottery market.

About Lottery Market:

A lottery is a form of gambling which involves the drawing of lots for a prize. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. This report analyzed the annual revenue of lottery types such as Draw-Based Games, Instant Games, Sport Games and others.
North America is the largest Lottery market with about 26% market share. The key manufacturers are China Sports Lottery, Hong Kong Jockey Club, China Welfare Lottery, Francaise des Jeux, Loterías y Apuestas del Estado, New York State Lottery, Camelot Group, Singapore Pools, California Lottery, Mizuho Bank Ltd., Florida Lottery, Ontario Lottery, The Government Lottery Office, Nanum Lotto, Caixa Economica Federal, Lottomatica S.P.A (IGT), INTRALOT, BCLC, Loto-Quebec, Connecticut Lottery Corporation, MDJS, Lotterywest, INTRALOT, Lotería Nacional para la Asistencia Pública, Magnum, Minnesota State Lottery, Ithuba Holdings Proprietary Limited (RF), Sugal & Damani etc. Top 3 companies occupied about 28% market share.

Market Analysis and Insights: Global Lottery Market
The global Lottery market size is projected to reach US$ 450460 million by 2027, from US$ 341000 million in 2020, at a CAGR of 4.1% during 2021-2027.

The Major Players in the Lottery Market include:

China Sports Lottery
Hong Kong Jockey Club
China Welfare Lottery
Francaise des Jeux
Loterías y Apuestas del Estado
New York State Lottery
Camelot Group
Singapore Pools
California Lottery
Mizuho Bank Ltd.
Florida Lottery
Ontario Lottery
The Government Lottery Office
Nanum Lotto
Caixa Economica Federal
Lottomatica S.P.A (IGT)
INTRALOT
BCLC
Loto-Quebec
Connecticut Lottery Corporation
MDJS
Lotterywest
INTRALOT
Lotería Nacional para la Asistencia Pública
Magnum
Minnesota State Lottery
Ithuba Holdings Proprietary Limited (RF)
Sugal & Damani

The report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Lottery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Lottery market.

Based on product type, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into:

Draw-Based Games
Instant Games
Sport Games

Draw-based Games accounted for 46% of the total market share, with Sport Games types growing

Based on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application, including:

Online Lottery
Lottery Store

Lottery stores account for 70% of the market share of the most popular apps

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Lottery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Lottery market in terms of revenue.

Key Reasons to Purchase Lottery Market Report:

The report analysis by geography highlights the consumption of the product/service within the region also indicating the factors that are affecting the market within each region.
The report provides opportunities and threats faced by the vendors in the global Lottery Industry.
The report indicates the region and segment that’s expected to witness the fastest growth.
The competitive landscape includes the market ranking of the main players, along with new product launches, partnerships, business expansions, and acquisitions.
The report provides extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the main market players.
The report gives the present and future market outlook of the industry regarding recent developments, growth opportunities, drivers, challenges, and restraints of both emerging and developed regions.

Some of the key questions answered in this report:

What will the market growth rate, growth momentum, or acceleration market carry during the forecast period?
Which are the key factors driving the Lottery market?
What was the size of the emerging Lottery market by value?
What will be the size of the emerging Lottery market in 2027?
Which region is expected to hold the highest market share in the Lottery market?
What trends, challenges, and barriers will impact the development and sizing of the Global Lottery market?
What are the sales volume, revenue, and price analysis of top manufacturers of the Lottery market?

Global Lottery Market providing information such as company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. Upstream raw materials and instrumentation and downstream demand analysis are additionally dispensed. The Global Lottery market development trends and marketing channels are analyzed. Finally, the feasibility of the latest investment projects is assessed and overall analysis conclusions are offered.

Years considered for this report:

Historical Years: 2016-2020
Base Year: 2020
Estimated Year: 2021
Lottery Market Forecast Period: 2021-2027

With tables and figures helping analyze worldwide Global Lottery market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Some Points from TOC:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Lottery Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Draw-Based Games
1.2.3 Instant Games
1.2.4 Sport Games
1.3 Market by Application
1.3.1 Global Lottery Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Online Lottery
1.3.3 Lottery Store
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global Lottery Market Perspective (2016-2027)
2.2 Lottery Growth Trends by Regions
2.2.1 Lottery Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Lottery Historic Market Share by Regions (2016-2021)
2.2.3 Lottery Forecasted Market Size by Regions (2022-2027)
2.3 Lottery Industry Dynamic
2.3.1 Lottery Market Trends
2.3.2 Lottery Market Drivers
2.3.3 Lottery Market Challenges
2.3.4 Lottery Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top Lottery Players by Revenue
3.1.1 Global Top Lottery Players by Revenue (2016-2021)
3.1.2 Global Lottery Revenue Market Share by Players (2016-2021)
3.2 Global Lottery Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Lottery Revenue
3.4 Global Lottery Market Concentration Ratio
3.4.1 Global Lottery Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Lottery Revenue in 2020
3.5 Lottery Key Players Head office and Area Served
3.6 Key Players Lottery Product Solution and Service
3.7 Date of Enter into Lottery Market
3.8 Mergers & Acquisitions, Expansion Plans

4 Lottery Breakdown Data by Type
4.1 Global Lottery Historic Market Size by Type (2016-2021)
4.2 Global Lottery Forecasted Market Size by Type (2022-2027)

5 Lottery Breakdown Data by Application
5.1 Global Lottery Historic Market Size by Application (2016-2021)
5.2 Global Lottery Forecasted Market Size by Application (2022-2027)

6 North America
7 Europe
8 Asia-Pacific
9 Latin America
10 Middle East & Africa

11 Key Players Profiles
11.1 China Sports Lottery
11.1.1 China Sports Lottery Company Details
11.1.2 China Sports Lottery Business Overview
11.1.3 China Sports Lottery Lottery Introduction
11.1.4 China Sports Lottery Revenue in Lottery Business (2016-2021)
11.1.5 China Sports Lottery Recent Development
11.2 Hong Kong Jockey Club
11.2.1 Hong Kong Jockey Club Company Details
11.2.2 Hong Kong Jockey Club Business Overview
11.2.3 Hong Kong Jockey Club Lottery Introduction
11.2.4 Hong Kong Jockey Club Revenue in Lottery Business (2016-2021)
11.2.5 Hong Kong Jockey Club Recent Development
11.3 China Welfare Lottery
11.3.1 China Welfare Lottery Company Details
11.3.2 China Welfare Lottery Business Overview
11.3.3 China Welfare Lottery Lottery Introduction
11.3.4 China Welfare Lottery Revenue in Lottery Business (2016-2021)
11.3.5 China Welfare Lottery Recent Development
11.4 Francaise des Jeux
11.4.1 Francaise des Jeux Company Details
11.4.2 Francaise des Jeux Business Overview
11.4.3 Francaise des Jeux Lottery Introduction
11.4.4 Francaise des Jeux Revenue in Lottery Business (2016-2021)
11.4.5 Francaise des Jeux Recent Development

eSports

Abios names co-founder Anton Janér as new Managing Director

Published

38 mins ago

May 7, 2024

George Miller

abios-names-co-founder-anton-janer-as-new-managing-director

Reading Time: 2 minutes

Abios, the esports subsidiary of Kambi Group plc, has appointed CTO Anton Janér as its new Managing Director, succeeding Abios’ long-term CEO Oskar Bonnevier Fröberg who has stepped down to pursue new endeavours.

Having co-founded the company alongside Fröberg in 2013, Janér assumed leadership of Abios as Managing Director effective from 1 May. He brings extensive experience in technology to his new role, as well as a deep understanding of the esports market, and as CTO was instrumental in the development of Abios’ market-leading esports solutions.

Spearheaded by Fröberg for more than 10 years, Abios has witnessed incredible growth since launch, expanding the company to reach millions of esports fans, power scores of businesses in esports, media, betting, and entertainment sectors, and employ roughly 70 people worldwide.

Furthermore, Fröberg successfully navigated Abios through its acquisition by Kambi Group, a leading sports betting technology company, in 2021. Bonnevier Fröberg played a pivotal role in ensuring a smooth integration within the Kambi Group, further solidifying Abios’ position within the esports betting landscape.

Janér said: “I am honored to take on the role of Managing Director and lead Abios into its next chapter. Oskar and I have had a lot of fun together throughout the years at Abios, building the company into the industry leader it is today. I am very excited about the future of Abios and eager to take the business to new heights alongside our excellent team.”

Fröberg added: “It is with mixed emotions that I have resigned as CEO of Abios. This decision has not been an easy one, as I have dedicated more than 10 years of my life to building and leading this organisation together with Anton. However, we could not have found a better home for Abios than Kambi nor could I have found a better successor than Anton, giving me every confidence that Abios will only flourish moving forward.”

The post Abios names co-founder Anton Janér as new Managing Director appeared first on European Gaming Industry News.

Latest News

Betbazar Signs Partnership with Leading Supplier SIS

Published

38 mins ago

May 7, 2024

George Miller

betbazar-signs-partnership-with-leading-supplier-sis

Reading Time: 2 minutes

Betbazar, a top provider in B2B marketplace solutions, has teamed up with Sports Information Services (SIS) to enhance its range of content.

Betbazar, the leading B2B marketplace of sports, esports, casino content and sportsbook solutions, has today announced a strategic partnership with Sports Information Services (SIS) which will boost its portfolio further.

This latest deal means that SIS will integrate its hugely popular horse and greyhound racing products along with its numbers offering into the Betbazar platform.

For over 35 years, SIS has garnered a reputation for supplying comprehensive end-to-end online and offline betting solutions. Its live pictures, data, on-screen graphics, and a wide range of markets and pricing which all drive betting revenues are now also available via Betbazar marketplace.

Betbazar has established itself as iGaming’s leading marketplace for B2B content and this latest integration will further reinforce this position with the addition of three great new products that will now be available to Betbazar customers around the world.

Speaking on behalf of Betbazar, Max Sevostianov, COO said: “Our strategy is to continue expanding our portfolio with the industry’s most “in demand” providers to ensure our customers have access to the most dynamic sports betting and casino content in the market.

“We are thrilled to announce this collaboration and I’m sure it is just the start of what we hope will be a very long and successful relationship.”

Andy Kelly, Head of Commercial Partnerships at SIS said: “We pride ourselves on delivering best-in-class content and solutions and I am delighted this has been recognised by Betbazar who will integrate some of our most popular products and provide them to its customer base.

“We have spent many years refining our offerings to create an exceptional portfolio that appeals to both operators and partner platforms and I’m excited for the evolution of this relationship with Betbazar in the coming months and years.”

The post Betbazar Signs Partnership with Leading Supplier SIS appeared first on European Gaming Industry News.

Latest News

NuxGame enhances payment provision through Apcopay partnership

Published

38 mins ago

May 7, 2024

George Miller

nuxgame-enhances-payment-provision-through-apcopay-partnership

Reading Time: < 1 minute

NuxGame, the experienced betting and iGaming software provider, is enhancing its online casino platform with the addition of Apcopay, the fully integrated payments provider.

The collaboration will see NuxGame’s platform benefit from Apcopay’s all-in-one solution. This provides partners with everything they need for multi-channel and multi-currency payment options, all through a single interface allowing customers easier access to an operator’s platform and reducing barriers to entry.

Malta-based Apcopay’s solution is designed to cater for high transaction volumes, scalability and continuous improvement, furthering NuxGame’s mission to offer operator partners worldwide with highly stable, secure and localised payment options.

The latest partnership is further evidence of NuxGame’s commitment to broadening its capabilities, adding leading global payment processors and empowering players to purchase cryptocurrency directly on the platform.

NuxGame recently gained its GLI-19 Certification, accredited in recognition of the platform’s adherence to the highest technical standards and further demonstrating its commitment to responsible gambling.

Denis Kosinsky, Chief Operating Officer at NuxGame, said: “Apcopay’s fully integrated solution presents us with a huge range of additional payment options worldwide, significantly improving the offering we present to our operator partners.

“We are committed to giving our clients the widest range of scalable and stable payment services, as we continue to operate at the forefront of platform technology.”

The post NuxGame enhances payment provision through Apcopay partnership appeared first on European Gaming Industry News.