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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
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
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Low6 appoints Ricardo Ruiz as Head of Technology bringing extensive gaming industry experience
Low6, the award-winning free-to-play B2B gaming supplier for sports leagues, sportsbooks and iGaming operators, announced today the appointment of Ricardo Ruiz as Head of Technology. With a proven track record in the iGaming industry, Ruiz brings a wealth of expertise and leadership to his new role at Low6.
Ruiz joins from his most recent role as Chief Technology Officer at RAW iGaming where he led the charge on building innovative and highly entertaining slots and skill games for the gaming industry. He has also held prominent positions at Videoslots and African operator M-Bet Tanzania. Ruiz starts with immediate effect and is tasked with delivering innovation across Low6’s technology and gaming suite.
Commenting on his appointment, Ricardo Ruiz expressed his enthusiasm for the new role, stating: “I am thrilled to join the talented team at Low6 and to contribute to the company’s continued success in the free-to-play gaming sector. Low6 has demonstrated a commitment to innovation and excellence, and I look forward to leveraging my experience to drive technological advancements that will further elevate our offerings.”
Low6 CEO Jamie Mitchell also expressed confidence in Ruiz’s capabilities, stating: “We are delighted to welcome Ricardo Ruiz to Low6 as our new Head of Technology. His extensive experience and proven leadership in gaming technology make him an invaluable addition to our team. With Ricardo at the helm of our technology department, we are poised to achieve new heights of innovation and deliver unparalleled gaming experiences to our clients and their customers.”
Ruiz’s appointment comes at an exciting time for Low6 as the company continues to expand its presence in the gaming market globally. With Ruiz’s expertise leading the technology division, Low6 is well-positioned to maintain its position as a leading provider of cutting-edge free-to-play gaming solutions.
The post Low6 appoints Ricardo Ruiz as Head of Technology bringing extensive gaming industry experience appeared first on European Gaming Industry News.
Collaboration serves to extend provider’s reach across Europe
Xtremepush, the leading provider of CRM and loyalty marketing powered by AI, has formed a strategic technology partnership with customer experience specialist Purple Square CX.
The collaboration will see Purple Square CX offer Xtremepush’s market-leading customer engagement platform and real-time Customer Data Platform (CDP) to its European customers, which include leading operators from within the iGaming industry.
Purple Square CX’s clients can now also benefit from Xtremepush’s groundbreaking new InfinityAI solution. Set to transform operational strategies across the iGaming sector through sophisticated marketing techniques, retention-boosting InfinityAI utilises adaptive AI technology to enable operators to create highly customised marketing models on the fly in response to emerging trends.
UK-based Purple Square CX is a customer experience advisory offering a diverse range of services aimed at enhancing customer interactions. Its expertise lies in three key areas – customer experience advice and strategy, marketing automation, and CDPs.
The latest partnership coincides with a significant period of commercial growth worldwide for Xtremepush, with high-profile operator partnerships concluded in LatAm, the US, the UK and Europe.
Tommy Kearns, CEO of Xtremepush, said: “We’re excited to be joining forces with Purple Square CX, increasing the number of potential customers we can serve with our unified customer engagement platform and real-time CDP.
“Purple Square CX is renowned as one of Europe’s leading customer experience specialists and in helping to deliver our solution to its big-name operator partners, we believe this is a partnership that will bear fruit for both parties.”
Timothy Biddiscombe at Purple Square CX, said: “Our agnostic approach to technology means we are always looking for partnerships that will help to bring increased value to our customers. Xtremepush fits that bill perfectly.
“Xtremepush’s range of solutions, including its new InfinityAI technology, is very impressive. We look forward to working together to help to drive superior relationships between operators and their customers.”
The post Xtremepush agrees strategic partnership with Purple Square CX appeared first on European Gaming Industry News.
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Studio to shift up a gear with its own development and distribution platform as it sets its sights on new markets and more operator partnerships
Fantasma Games, the studio that produces slots beyond gambling, has rolled out Xpand, a powerful Remote Game Server (RGS) to strengthen its relationship with operators and to drive forward with its ambitious growth plans.
The Fantasma Xpand provides the studio with many benefits, including continued operational excellence and deepening support for its operator partners in scaling their content offerings around the studio’s premium games and products.
It also allows the studio to take its product roadmap and game production to the next level facilitating even more innovation by making it easier to bring new concepts, mechanics and gameplay to the market while speeding up time to market for new and existing partners.
The platform already comes with easy-to-use gamification tools and enables operators to quickly set up and manage player engagement activities such as prize drops, tournaments, missions and more.
Operators can take advantage of a standard API for integration, allowing Fantasma to strike and deploy new partnerships at scale and at speed.
Fantasma’s entire game portfolio is available via Xpand. This includes legacy titles such as Flower Fortune Megaways and its most recent releases like Shadow Summoner Elementals.
The launch of Fantasma Xpand is the next logical step in the studio’s development. It’s already built a reputation for producing thrilling content, often based on compelling narratives and with smart mechanics, to provide a unique player experience.
Armed with its RGS, Fantasma is now eyeing expansion into emerging markets such as Latin America and Africa having firmly established itself in Europe and the US.
Fredrik Johansson, Founder and CEO of Fantasma Games, said: “This is a milestone moment for Fantasma Games, allowing us to form stronger operator partners while also giving us greater control over our development and distribution.
“We have incredibly ambitious growth plans, both in terms of our product roadmap and increasing our roster of operator partners in core markets across the world, and we will only be able to achieve this with our own RGS.
“Ultimately, it will allow us to develop better games and deliver these games to more operators in more markets than ever before via a smooth, seamless, direct integration.”
The post Studio to shift up a gear with its own development and distribution platform as it sets its sights on new markets and more operator partnerships appeared first on European Gaming Industry News.
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