European Lotteries (EL) Adopts New Strategy
Recognizing the rapidly changing environment and the changing nature of the lottery sector, European Lotteries (EL) has adopted a new strategy, focusing on offering and promoting games of chance that are “responsible, sociable, and safe.”
To explain its new and sharpened approach in greater detail, EL has published a helpful animation.
Marked Differences in Online Presence and Popularity of State Lotteries
In its latest issue, the Online Gambling Quarterly has dedicated several pages (starting on p. 53) to a closer look at the lottery vertical.
Although state lotteries are still the key players in the European lottery market, an increasing number of (online) private operators is offering lottery-like products. Of all surveyed private operators, Unibet offers the broadest range of lottery-like games, followed by Bet365 and William Hill.
Half of US State Lotteries Suffering from Declining Revenues
“In 22 of the 44 states with lotteries, revenue declined between 2014 and 2015, the most recent year for which comprehensive numbers are available. Twenty-one states also saw declines from 2013 to 2014. “Jackpot fatigue” — a drop off in lottery play until jackpots get unusually huge — is contributing to the decline, as well as fewer millennials playing, and competition from other forms of gambling.”
WLA Lotteries Report “Modest Start” to 2017
Lotteries worldwide got off to a modest start to 2017, the Word Lottery Association (WLA) reports.
Reporting lotteries posted a first-quarter on first-quarter aggregate increase in sales of 0.9%. Solid performances in the Asia Pacific and Latin American markets were counterbalanced by a marked decrease in Q1 sales in North America.
Africa was the biggest performer with reporting African lotteries enjoying an aggregate increase in first-quarter on first-quarter sales of 9.4%.
Reporting European lotteries “held steady,” the WLA notes. Strong gains in Hungary and Poland were offset by poorer results in the UK. In Hungary, instant and bookmaker-type games strongly outperformed more traditional draw-based games.
France’s national lottery Française des Jeux (FDJ) could be part of a new wave of privatizations.
“Online lottery is a sleeping giant,” Angelo Dalli of gaming platform supplier Bit8 believes.
IGT has formed a Chinese-foreign equity joint venture with Telling Telecommunication Holding subsidiary Shenzhen Tian Lian Cai Investment to provide innovative lottery products to regulated lottery centers in China.
The UK Gambling Commission (UKGC) has opened a public consultation on greater transparancy for local lottery operators.
William Hill and Lottoland signed a B2B deal that allows the bookmaker’s customers to bet on the outcome of the world’s leading lottery draws. Similar deals were concluded earlier between Lottoland and the Kindred Group, as well as Lottoland and William Hill Australia.
Gaming Innovation Group (GIG) became the third operator in recent weeks to announce the launch of a lottery betting product in partnership with Lottoland’s B2B arm.
Lottoland has announced a third long-term agreement for its Insurance Linked Security (ILS) jackpot insurance, bringing its total coverage to €120 million.
Online lottery betting brand Tipp24.ie has announced it is rebranding for the Irish market and is now known as myLotto24.ie.
Frankfurt-listed European digital lottery operator ZEAL Group has reported a “solid first half to 2017.”
German state lottery company LOTTO Berlin has agreed to extend its partnership with football club Hertha BSC, which competes in the country’s Bundesliga top division of club football.
US mobile lottery service AutoLotto has raised $17 million to further develop its mobile app, which it plans to roll out in both the US and international markets.
The second edition of the Gambling Law Review was just published.
As nobody won the $535 million US Powerball jackpot in Saturday night’s draw, the grand prize will grow to about $650 million, the second-highest level in the history of the Powerball.
Morocco’s national lottery, the Société de Gestion de la Loterie Nationale, has launched a tender for a new gaming system.
Last week, the Connecticut Lottery’s mobile app told people with winning lottery tickets that they had lost.
The Massachusetts Lottery is cracking down on fraudulent ticket cashers.