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Statistical Report on Lottery Market Size Rise at +3.10% CAGR by 2028, Worth US$ 405.20 Billion – Report by Facts & Factors (FnF)

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Facts and Factors has published a new research report titled “Lottery Market Size, Share, Growth Analysis Report By Type (Terminal-Based Games, Scratch-off Games, Sports Lotteries), By Mode (Offline, Online), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.

“According to the latest research study, the demand of global Lottery Market size & share was valued at approximately USD 366.55 billion in 2021. The market is expected to grow above a CAGR of 3.10% and is anticipated to reach over USD 405.20 billion by 2028.”

The report analyses the Lottery market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Lottery market.

Lottery Market Overview:

In the case of a lottery, the winning numbers are selected at random. While some countries outlaw lotteries, others even go so far as to create a national or state lottery. The most common restriction is the prohibition on sales to minors and the requirement that retailers hold a license before selling lottery tickets. Governments often regulate the sale of lottery tickets. Most gambling activities, including lotteries and sweepstakes, had been made illegal in the US, most of Europe, and a few other countries by the turn of the 20th century, even though they were widespread in the US and a few other countries during the 19th century. Globally, lotteries and casinos had resurgence in the 1960s as a way for governments to collect money without raising taxes. Lotteries come in a variety of formats. The prize could be something particular, like money or merchandise.

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Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology, and Graphs – https://www.fnfresearch.com/sample/lottery-market

(Before you plan to buy, sample reports are a great option to examine our in-depth studies or reports)

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 231+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historical and Forecast Growth, Porter’s 5 Forces Analysis
  • Facts and Factors research methodology

(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)

Market Dynamics:

Growth Drivers

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  • The expanding use of online lotteries has driven market growth

One of the key factors driving growth in the global lottery market is the rising popularity of online lottery. The spread of the online lottery is attributed to the rise in smartphone and Internet usage. Due to the availability of different mobile apps and online platforms, as well as the ease of access to the Internet, customers can participate in the lottery. Vendors are utilizing cutting-edge technologies, such as interactive bots and graphics, which have become standard in the gaming sector to increase the consumer attractiveness of the online lottery. Due to the severe restrictions on lotteries in many regions, the global lottery market will encounter substantial obstacles during the projected period. Lotteries are one type of gambling that is heavily controlled in many countries. The industry is closely correlated with social responsibility. Therefore it makes sense that it would be heavily regulated. Adopting technologies by lottery operators is one change in the lottery industry projected to impact the market in the coming years positively.

Restraints

  • Government restrictions on the lottery hamper the market growth

The global lottery sector is closely regulated and mostly dominated by governmental organizations, making corporate expansion difficult. Instead of doing business, as usual, sellers started focusing on creating new methods for interacting with clients. To do this, businesses need to identify cutting-edge technology that can increase the allure of the offline lottery.

Key questions answered in this report:

  • What is the market size and growth rate forecast for Lottery industry?
  • What is the main driving factors propelling the Lottery Market forward?
  • What are the leading companies in the Lottery Industry?
  • What segments does the Lottery Market cover?
  • How can I receive a free copy of the Lottery Market sample report and company profiles?

Browse the full “Lottery Market Size, Share, Growth Analysis Report By Type (Terminal-Based Games, Scratch-off Games, Sports Lotteries), By Mode (Offline, Online), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028″ report at https://www.fnfresearch.com/lottery-market

Lottery Market: COVID-19 Impact Analysis

Because of the widespread implementation of strict new laws all around the world in response to the COVID-19 pandemic, the lottery industry has been negatively impacted. However, since the pandemic, there has been a substantial increase in the market’s adoption of its internet component. As a result of the lockdown that was caused by COVID-19, offline lottery ticket vendors and other gaming firms were had to close their doors. The growth in popularity of online gambling may lead to an increase in the number of tickets purchased for online lotteries, which would be beneficial for the continued health of the sector during the epidemic. Gamblers who have a lot of spare time and wager consistently incur big losses as a result of their behaviour. Addiction to gambling is a potential consequence of this behaviour. It is required that all gambling platforms provide services for responsible gambling in order to assist those who have been negatively influenced by gambling.

Key Insights from Primary Research

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  • As per the analysis, the Lottery market is likely to grow above a CAGR of around 3.10% between 2022 and 2028.
  • The Lottery market size was worth around US$ 366.55 Billion in 2021 and is estimated to hit approximately US$ 405.20 Billion by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on type segmentation, the terminal-based games category dominated the market in 2021.
  • By mode, the online segment dominated the market in 2021
  • On the basis of region, North America dominated the global lottery market in 2021.

Lottery Market: Segmentation Analysis

The global lottery market is segregated based on type, mode, and region.

Based on type, the market is segmented into terminal-based games, scratch-off games, and sports lotteries. The terminal-based games segment commanded the largest market share in the global lottery industry in 2021. Based on the mode, the global lottery market has been split into online and offline segments. The online sector of the lottery market will grow the fastest within the predicted time range.

Regional Analysis:

The global lottery market is segmented into geographical regions: North America, Latin America, Europe, Asia-Pacific, the Middle East, and Africa. The North American area is projected to grow at the highest CAGR during the forecasted year. The growing importance of entertainment options is one of the main factors boosting lottery demand in the North American market. The North American lottery business is regarded as the most well-liked globally due to how frequently telephones are used. US lotteries also provide an internet platform so that participants can take part from the comfort of their own homes. In addition, many global investors now prefer INTRALOT SA, one of the most well-known US lotteries. Other well-liked Canadian lottery games include Lotto Max, 6/49, and Lotto Daily Grand.

Report Scope:

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Report Attribute Details
Market Size in 2021 USD 366.55 Billion
Projected Market Size in 2028 USD 405.20 Billion
CAGR Growth Rate 3.10% CAGR
Base Year 2021
Forecast Years 2022-2028
Key Market Players Camelot GroupChina, LotSynergy Holdings Ltd., Florida Lottery, International Game Technology plc, Lotto NZ, New York State Gaming Commission, Scientific Games Corp., Brookfield Business Partners, California State Lottery, INTRALOT SA., and others.
Key Segment By Type, Mode, and Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options Request customized purchase options to meet your research needs.

Competitive Players

The report contains qualitative and quantitative research on the global Lottery Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company’s global presence, competitors, service offers, and standards.

Some of the main players in the global Lottery market include:

  • Camelot GroupChina
  • LotSynergy Holdings Ltd.
  • Florida Lottery
  • International Game Technology plc
  • Lotto NZ
  • New York State Gaming Commission
  • Scientific Games Corp.
  • Brookfield Business Partners
  • California State Lottery
  • INTRALOT SA.

Recent Industry Developments:

  • In 2021: On its official website, Crypto Millions Lotto announced the launch of four new lottery games. Two of the four games described above, India Fantasy 5 and India Million Lotto, have their headquarters in India; the other two, Powerball+ and Mega Millions+, have their headquarters in the United States.

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

The global Lottery market is segmented as follows:

By Type

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  • Terminal-based games
  • Scratch-off games
  • Sports lotteries

By Mode

  • Online
  • Offline

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Southeast Asia
  • The Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Key Offerings:

  • Market Size, Trends, & Forecast by Revenue | 2022−2028
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis by Type, Mode, and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Bragg Gaming

Bragg Confirms Cyber Attack – Hackers Access Internal IT Systems

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Bragg Gaming Group, a leading online gaming technology provider, has confirmed a major cybersecurity incident that compromised its internal IT infrastructure in the early hours of Saturday, August 16, 2025.

The company detected unauthorized intrusion attempts that successfully breached its internal network, triggering an immediate and comprehensive incident response.

Key Takeaways

  • Bragg Gaming Group experienced a cybersecurity breach involving access to internal IT systems.

  • No customer personal data or payment information appears to have been compromised.

  • The company has enacted full containment and investigation protocols.

Details of the Breach

According to a preliminary forensic analysis by Bragg’s internal security team, the attack was a targeted breach aimed at the company’s internal computer environment. While the exact method of intrusion is still under investigation, early indicators suggest a sophisticated exploit of internal network vulnerabilities.

Fortunately, the company’s customer-facing systems, including sensitive user data and financial information, appear to have been unaffected. Bragg’s existing encryption protocols and access control systems successfully prevented the attackers from accessing customer information.

Immediate Response Measures

In response to the breach, Bragg launched a multi-tiered containment strategy, including:

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  • Network Segmentation to isolate affected systems

  • Enhanced Monitoring of data flows across its Remote Games Server (RGS) platform

  • Security Audits of critical infrastructure, including the Bragg Hub and PAM systems

  • Engagement of Independent Cybersecurity Experts to assist in incident analysis and system hardening

Bragg’s Security Operations Center has also elevated its alert level, initiating 24/7 monitoring across all server clusters and network endpoints. In addition, company-wide penetration testing is now underway to proactively identify any residual vulnerabilities.

Business Continuity Maintained

Despite the severity of the breach, Bragg reports that its operations remain unaffected. All gaming services, including iCasino and sportsbook offerings across regulated markets, continue to function without disruption.

“While this incident is deeply concerning, we are confident in the rapid and thorough response initiated by our team,” a company spokesperson stated. “We remain committed to protecting our infrastructure, our partners, and most importantly, our players.”

Looking Ahead

As part of its response, Bragg has also launched mandatory security awareness training for all employees to reinforce best practices and prevent future incidents.

Cybersecurity analysts will continue working with Bragg to determine the full scope of the attack, improve system resilience, and maintain the trust of its users and stakeholders.

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Bragg’s handling of the incident highlights both the evolving nature of cybersecurity threats and the importance of robust, responsive defense systems in the digital gaming sector.

Source: cybersecuritynews.com

The post Bragg Confirms Cyber Attack – Hackers Access Internal IT Systems appeared first on Gaming and Gambling Industry in the Americas.

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AGCO

AGCO Removes Cap on Seller Commission for Charitable Lottery Products

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The Alcohol and Gaming Commission of Ontario (AGCO) has updated several lottery policies to remove the cap on seller commission for Paper Raffles and Media Bingo, along with removing the prohibition on Catch the Ace paper lotteries, to align with other charitable lottery products.

Licensed charities may now negotiate commissions directly with sellers and determine commissions, provided they are reasonable and tied to the cost of service provided by the seller.

These updates further the AGCO’s commitment to adopt an outcomes-based regulatory approach and reduce burden for the charitable gaming sector. Local charitable organizations will have greater flexibility to make decisions that best serve their fundraising objectives.

Important Reminders

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• Charities must still receive approval for other expenses incurred under their licence and retain receipts for seller commission paid.

• Licensing authorities will not require documentation to be submitted as part of the application process, however, charities are still subject to audit to determine compliance.

• Charities are reminded of their legal requirement to meet their obligations under the Criminal Code and with respect to conducting and managing a charitable gaming scheme.

• As with all licensed charitable lottery events, charities must take the necessary steps to ensure that they are conducting and managing the lottery event within Ontario.

For charitable gaming-related inquiries, email an AGCO Eligibility Officer at [email protected] or call AGCO Customer Service at 1-800-522-2876, Monday to Friday from 8:30 a.m. to 5 p.m.

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The post AGCO Removes Cap on Seller Commission for Charitable Lottery Products appeared first on Gaming and Gambling Industry in the Americas.

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Alon Segev

Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation

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Leading business, technology, finance, and gaming law firm, Segev LLP, is proud to announce its 10th anniversary. Over the past decade, Segev has evolved from a bold idea into a multi-jurisdictional firm serving clients across Canada, the U.S., and beyond.

Built for innovation-driven industries, the firm is widely recognized for its work with companies at the forefront of gaming, crypto, technology, and emerging sectors. “Our 10-year anniversary is a defining moment,” said Founding Partner, Ron Segev. “It’s a testament to the strength of our team and our culture of teamwork, self-improvement, and growthall of which is directed at scoring wins for our great clients.”

As industries like fintech, crypto, iGaming, and AI have matured, so has the firm, often in parallel with its clients. “We’ve all grown together with our clients from one success to the next, whether it be helping clients complete financings or helping them close business,” said Managing Partner Alon Segev. “I look forward to continued growth for us and our clients in the next 10 years!”

The firm’s client-first approach has consistently earned recognition from top legal ranking guides. Segev LLP is ranked by Chambers and Partners as a “Leading Firm” and “Band-1” in Canada for Gaming Law and are also recommended by The Legal 500 and Lexology. These rankings reflect the team’s ability to deliver strategic, high-quality legal solutions that align with their clients’ business goals.

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Recognized for their unique ability to exceed expectations and deliver out-of-the-box solutions, Segev LLP’s clients have affirmed: “The firm demonstrates its capability not only to understand complex matters, but also to offer solutions that are practical, pragmatic, and value-adding.”

“Segev possesses outstanding resources and maintains global partnerships, enabling it to deliver precise and informed responses to any queries related to the iGaming industry.”

“Epic service, very good, I won the case!”

“Great service, friendly atmosphere, and support.”

Several Segev team members also reflected on the milestone: “There was a moment early in my time here when I realized I wasn’t just being brought in to help; I was expected to contribute, take initiative, and run with big ideas. That stuck with me,” said Negin Alavi.

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“Together with our clients, [Segev] has experienced remarkable growth over the past decade. I’m honored to have contributed to this journey and to celebrate these shared successes,” said David McHugh.

Segev has cultivated a thriving law practice on the principle that challenges are to be embraced as opportunities. The approach has enabled us to grow as lawyers, but more importantly, it has enabled us to ensure the success of our clients,” said Mark Balestra.

“Since joining through Segev’s Ontario expansion, I’ve had the chance to work alongside some of the sharpest and most collaborative lawyers in the gaming space,” added Manav Bhargava. “As a full-service firm and industry leader, Segev stands out for its ability to support innovative businesses with practical, forward-thinking legal advice.”

Segev LLP will commemorate the anniversary with a series of internal and external initiatives throughout the remainder of the year.

The post Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation appeared first on Gaming and Gambling Industry in the Americas.

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