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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Online Lottery Market Size
The global online lottery market reached USD 31.11 billion in 2023. The market is estimated to expand at a CAGR of 3.2% during 2024-2032 to reach a value of USD 110.3 billion by 2032.
Key Takeaways
- Social media is being increasingly used to advertise the lottery online.
- Draw based games are more prevalent among online lottery activities in Europe.
- In the United States, lotteries such as Powerball and Megamillions are legal in 45 states.
Online lottery has gained popularity as a stress-relieving and relaxing activity and the demand for online lotteries through lottery apps has surged. Such applications enable consumers to play lotteries from various countries and provide them with enhanced convenience as well as immersive experiences.
With the growing preference for convenience, consumers are increasingly shifting towards online lottery platforms offering enhanced user experience, functionalities, best-in-class designs, and push notifications.
Online Lottery Market Report Snapshots
Online Lottery Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of USD 31.11 billion in 2023.
The market is estimated to witness a CAGR of 3.2% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 110.3 billion in 2032.
The platforms used for online lotteries are desktop and mobile.
The key regional markets for online lottery are North America, Europe, the Asia Pacific, and LAMEA.
The key market trends include aggressive marketing and promotional strategies adopted by service providers and the introduction of favourable policies.
The major drivers include increasing penetration of the internet, particularly in emerging economies, rising smartphone usage, improved convenience offered by online platforms, and increasing technological advancements.
The key players in the market include Lotto Direct Limited, Camelot Group, EU Lotto Ltd, Agento N.V., and Legacy Eight Curacao NV, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124