NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) — NetworkNewsAudio – Lottery.com announces the availability of a broadcast titled, “Betting on the Digital Gaming Market.”
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Even with its scale, the lottery market is particularly unique. Competition is relatively scant due to the difficulty of breaking the long-held paradigm of buying tickets at a retail point of sale. Currently less than 3% of global lottery sales are online. That’s only about $12 billion market penetration into a nearly $400 billion industry. A digital transformation seems inevitable, one that aligns with the online sports betting market where 82% of all activity is online.
An innovator in blockchain, Lottery.com is leading the digital transformation by building a premier global marketplace for games of chance. Already one of the most recognized and trusted brands in the space, Lottery.com is a premier provider of global lottery data with a diverse product offering, underscoring current revenues and projections for strong upcoming cash flow. The company’s online platform and mobile application allow users to play state-sanctioned lottery games from their homes or on the go in the United States and internationally. In 2020, Lottery.com sold more than one million Powerball and Mega Millions tickets across 148 countries worldwide, a milestone in the company’s rapid expansion.
Lottery.com is an Austin, Texas-based company enabling consumers to play state-sanctioned lottery games from their homes or on the go, both in the United States and internationally. The company works closely with state regulators to advance the lottery industry, providing increased revenues and better regulatory capabilities while capturing untapped market share, including millennial players. Lottery.com is also gamifying charitable giving to fundamentally change how nonprofits engage with their donors and raise funds. Through its WinTogether.org platform, Lottery.com offers charitable donation sweepstakes to incentivize donors to take action by offering once-in-a-lifetime experiences and large cash prizes.
For more information about the company, please visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to Lottery are available in the company’s newsroom at https://ibn.fm/Lottery.
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