Dublin, March 07, 2024 (GLOBE NEWSWIRE) — The “Online Lottery Global Market Report 2024” report has been added to ResearchAndMarkets.com’s offering.
The online lottery market size is expected to see strong growth in the next few years. It will grow to $16.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The anticipated growth in the forecast period can be attributed to increasing internet penetration, a growing population, and increasing government support. Key trends projected for the forecast period include the use of digital platforms to enhance access and convenience, advancements in technology, a focus on blockchain and cryptocurrencies, increased investments in the development of new lottery games, and strategic partnerships and collaborations among market players.
Online lottery providers are concentrating on the introduction of mobile lottery apps to enhance customer service and solidify their market position. These apps, compatible with smar
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