Lottery Market is Expected to Grow at a CAGR of 9.44% By 2021

Gambling requires skills and chances both; however, lottery requires chance alone. The probability of winning becomes higher if a person buys more than one lot. These lots are generally in the form of tickets, and the prizes associated with lottery are mostly, but not limited to, money, precious metals, trips, and real estate.

The governments of many countries consider the lottery to be illegal unless a skill is required, whereas a few governments allow the lottery to promote fundraising for charitable organizations.

As lottery is governed by local, state, and national laws, regulations differ in different countries, as well as states. The report analysts forecast the global lottery market to grow at a CAGR of 9.44% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global lottery market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of tickets and games.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Lottery Market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors ?operating in this market.

Key vendors

• Camelot
• China Welfare Lottery
• Francaise des Jeux
• International Game Technology
• Hong Kong Jockey Club
• INTRALOT
• Scientific Games

Other prominent vendors

• Amaya Gaming
• American Games
• Carmanah Signs
• China lotsynergy
• Gidani
• Jumbo Interactive
• Lottoyard
• Lotto NZ
• Magnum
• MDJS
• Neo Games
• Novomatic
• Singapore Pools
• Sports Toto Malaysia

Market driver

• Easing of government regulations
• For a full, detailed list, view our report

Market challenge

• Increasing instances of online scams
• For a full, detailed list, view our report

Market trend

• Growing promotion of lottery through social media
• For a full, detailed list, view our report

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Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors ?
• What are the strengths and weaknesses of the key vendors ?