Canada
Global Lottery Market to Garner $325.8 Million by 2026, Rising with a CAGR of 9.4% during the Forecast Period [190-Pages] | Research Dive
A latest report on the global lottery market published by Research Dive sheds light on the impact of COVID-19 pandemic on the current and future scope of the market. This report is a useful study for stakeholders, investors, market participants, and new entrants in the search of comprehensive insights on the impact of COVID-19 on the market growth.
Key Highlights of the Report:
The COVID-19 pandemic has had a negative impact on the growth of the global lottery market in 2020. As per the report, the global market garnered $157.7 million in 2018 and is estimated to exceed $325.8 million, rising at a CAGR of 9.4% by 2026. In the present situation, the market size has declined owing to the closure of several lottery places amidst the pandemic.
Factors Impacting the Market Growth during the COVID-19 Crisis:
The global lottery market has witnessed deterioration in growth due to implementation of restrictions on recreational and other fun activities by government of various nations to avert the spread of the virus during pandemic period. However, the adoption of online channels for gambling by many people is likely to boost the market growth in the coming period.
Current Face of the Market Due to COVID-19:
Before the outbreak of the pandemic, the market was estimated to garner $191.7 million in 2020. In the present situation, the market size has declined and reached up to $115.0 million in 2020.
Some of the leading market players are:
- MDJS
- INTRALOT
- Florida Lottery
- Camelot Group
- Mizuho Bank Ltd.
- Francaise des Jeux
- Hong Kong Jockey Club
- Loterías y Apuestas del Estado
- California Lottery
- Singapore Pools. and others.
The key players in lottery market are making strategic investments in casinos and online lottery applications for recuperating the industry from the incurred losses. Moreover, rising applications of artificial intelligence as well as machine learning in numerous online lottery platforms is likely to unlock profitable opportunities for the global market after the relaxation of the pandemic. The market is expected to recuperate from the incurred losses by the second or third quarter of 2023.
Future Lookout of the Market:
According to the report, the global lottery market is anticipated to witness significant growth after the end of the COVID-19 pandemic, owing to the rising investments by market players in R&D activities, partnerships, and new developments in the market. The market players are coming up with cutting-edge developments and paving way for rewarding opportunities for the market growth. For instance, in November 2021, Illinois Lottery, an American lottery for the U.S. state of Illinois, operated by Camelot Illinois, launched Fast Play® Online, a novel and suitable method to play the popular retail draw game.
Powered by WPeMatico
The Ottawa Black Bears announced an extensive partnership agreement with PowerPlay Online Sportsbook and Casino that will see the company’s logo featured on the club’s home and away jerseys.
In addition to the jersey partnership, PowerPlay will also have branding elements inside the goal crease, behind the bench, on the LED display ring, and along the rinkboards for Black Bears home games at Canadian Tire Centre. As part of the deal, PowerPlay also becomes the exclusive sportsbook and online casino partner for the Ottawa Black Bears.
“We are thrilled to have PowerPlay on board for our inaugural season with such a comprehensive partnership agreement. Their investment with the Black Bears represents a foundational agreement for our lacrosse club. And we’re proud to wear their logo alongside ours as we launch our franchise,” said Chelsea McDermott, Vice President of Business Operations for the Ottawa Black Bears.
“We are excited to bring PowerPlay’s bold, community-driven spirit to Ottawa-Gatineau, partnering with the Black Bears as they establish themselves as a force in lacrosse. This partnership celebrates a sport deeply tied to Canada’s heritage and competitive energy. Together, we’ll ignite passion, energize fans, and deliver excitement all season long,” said Thomas Vermeulen, Marketing Director for PowerPlay.
The post Ottawa Black Bears Announce Partnership Deal with PowerPlay appeared first on Gaming and Gambling Industry in the Americas.
Aristocrat Interactive iGaming White-Label
Aristocrat Interactive’s Full White-Label Solution Powers the Launch of Betiton in Ontario
, Aristocrat’s online Real Money Gaming (RMG) division, proudly announces the expansion of Betiton into the Ontario online market through its iGaming White-Label package. This marks the fourth market Betiton has entered via Aristocrat Interactive iGaming White-Label’s casino platform., with additional content from Wizard Games and Aristocrat Interactive to follow. Operators benefit from access to world-class games, advanced managed services, and a powerful CRM system designed to streamline operations and enhance player retention.
Rising iGaming brand Titanplay is entering the mobile market powered by Delasport’s turnkey solution. The solution includes the possibility of quickly launching iOS and Android apps, in this case – for the Ontario player base.
Mobile users will get the full sportsbook and casino experience of Delasport’s product, and even more: features like the proprietary Booster Panel for Casino games and ‘Combo of the Day’ for sports are also available for them.
Titanplay’s app is already available for iOS, and it will soon arrive on Google’s Play Store for Android devices.
The Ontario-focused brand is taking full advantage of what Delasport has to offer, thus providing the best player betting experience possible. Their platform has been live for a few months now and it has been thriving the whole time.
Aside from the mobile-only cutting-edge features, gamblers enjoy Player Engagement missions and tournaments, unmatched personalization capabilities with My Sportsbook, My Casino, My Combo, and My Event Builder, and much more.
“Having a mobile-first approach when developing products is a must in today’s iGaming industry”, Delasport’s CEO Oren Cohen Shwartz comments. “Data shows that mobile users are now more than 70% of the whole player base, so we make sure to be prepared to bring our partners to this thriving market at any point. This is the case with Titanplay who’ve had an incredibly successful launch in Ontario last year and are now ready to win even more players.”
In addition to a comprehensive sportsbook and casino experience, the Delasport mobile app includes innovative customization, and gamification features to boost user engagement and differentiate the company from its competitors. Cross-product Tournaments, Missions, Badges, Spin & Win, and other gamification elements are also available to Titanplay’s players.
As soon as the app is downloaded and installed on a device, it provides convenient and quick access. Titanplay’s team may communicate with their players in real-time using the built-in push notifications feature on their devices. The software also addresses current security demands by providing biometric login and facial recognition on supported devices.
More about this key step can be learned from Delasport during ICE 2025 – Barcelona. Visit Stand 5M20 and draw insight directly from the source
-
Brazil6 days agoPush Gaming makes market entry with several operators in Brazil
-
Compliance Updates6 days ago
EGT Digital received a licence for operation in Sweden
-
Brazil6 days ago
Gaming Corps makes debut in regulated Brazil
-
Compliance Updates6 days ago
Delasport Obtains New Denmark License
-
BF Games5 days ago
BF Games Makes Strategic Entry into Brazilian Market
-
Canada5 days ago
Ottawa Black Bears Announce Partnership Deal with PowerPlay
-
Compliance Updates6 days ago
Altenar secures Danish B2B supplier licence
-
Aviatrix6 days ago
Aviatrix’s LatAm expansion reaches Peru
