Casino City's iGaming Pocket Directory - 2016 Edition

Sponsored by 47 Visit iGamingPocketDirectory.com for more information. Cour LOTTERY & SCRATCH CARDS Lotteries have generated billions of dollars in revenues and awarded billions of dollars in prizes. The concept behind the lottery is simple: Each ticket purchased carries an equal chance of winning. While scratch cards are the simplest form of lottery, the most successful lottery offerings provide life-changing sums to the winners, with some carrying grand prizes into nine-digit territory. Lotteries are a $204 billion market, according to a 2013 report from market research firm IBISWorld. The U.S. alone generated $71 billion in sales revenue, according to the North American Association of State and Provincial Lotteries. China, a newly emerging lotteries market, generated $43 billion in sales revenue, according to China’s Ministry of Finance. In the first nine months of 2015, lottery sales grew 2.5%, according to the World Lottery Association. However, despite a multibillion-dollar market, most lottery tickets are still sold at retail shops, especially in the United States, where only a handful of states are currently offering lottery ticket sales online. The online lottery sector is small, but growing. While Online Casino City’s database listed only 214 online gaming sites that serviced lotteries at the end of 2015, that’s 47.6% more than the 145 that were listed at the end of 2013. For affiliates and operators alike, the online lotteries business poses unique challenges. Lotteries are a highly regulated, high-volume business. The average LOTTERY & SCRATCH CARDS INDUSTRY OVERVIEW

RkJQdWJsaXNoZXIy NDIzMTA=