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Lottery Market in North America 2024-2028

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    Report

  • 133 Pages
  • July 2024
  • Region: North America
  • TechNavio
  • ID: 5681452
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The lottery market in north america is forecasted to grow by USD 40.7 billion during 2023-2028, accelerating at a CAGR of 4.48% during the forecast period. The report on the lottery market in north america provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of marketing strategies to increase ticket sales, high penetration of smartphones and internet connectivity, and rise in spending on lottery tickets.

The lottery market in north america is segmented as below:

By Platform

  • Traditional
  • Online

By Type

  • Scratch-off games
  • Terminal-based games
  • Sports lotteries

By Geographical Landscape

  • North America
This study identifies the integration of artificial intelligence (ai) in lottery platforms as one of the prime reasons driving the lottery market in north america growth during the next few years. Also, growing focus on ensuring security of lotteries and advent of government-organized lottery commissions to raise welfare funds will lead to sizable demand in the market.

The report on the lottery market in north america covers the following areas:

  • Lottery market in north america sizing
  • Lottery market in north america forecast
  • Lottery market in north america industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lottery market in north america vendors that include Arizona Lottery, Camelot UK Lotteries Ltd., Colorado Lottery, Connecticut Lottery Corp., Delaware State Lottery, Florida Lottery, Flutter Entertainment Plc, Georgia Lottery Corp., Hoosier Lottery, Missouri Lottery, New York State Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games LLC, STRATACACHE, Texas Lottery Commission, and The California State Lottery. Also, the lottery market in north america analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Platform
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
  • Chart on North America: Year-over-year growth 2023-2028 (%)
  • Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
4 Historic Market Size
4.1 Lottery Market in North America 2018 - 2022
  • Historic Market Size - Data Table on Lottery Market in North America 2018 - 2022 ($ billion)
4.2 Platform segment analysis 2018 - 2022
  • Historic Market Size - Platform Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
  • Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Platform
6.1 Market segments
  • Chart on Platform - Market share 2023-2028 (%)
  • Data Table on Platform - Market share 2023-2028 (%)
6.2 Comparison by Platform
  • Chart on Comparison by Platform
  • Data Table on Comparison by Platform
6.3 Traditional - Market size and forecast 2023-2028
  • Chart on Traditional - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Traditional - Market size and forecast 2023-2028 ($ billion)
  • Chart on Traditional - Year-over-year growth 2023-2028 (%)
  • Data Table on Traditional - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
  • Chart on Online - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Online - Market size and forecast 2023-2028 ($ billion)
  • Chart on Online - Year-over-year growth 2023-2028 (%)
  • Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Platform
  • Market opportunity by Platform ($ billion)
  • Data Table on Market opportunity by Platform ($ billion)
7 Market Segmentation by Type
7.1 Market segments
  • Chart on Type - Market share 2023-2028 (%)
  • Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
  • Chart on Comparison by Type
  • Data Table on Comparison by Type
7.3 Scratch-off games - Market size and forecast 2023-2028
  • Chart on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
  • Chart on Scratch-off games - Year-over-year growth 2023-2028 (%)
  • Data Table on Scratch-off games - Year-over-year growth 2023-2028 (%)
7.4 Terminal-based games - Market size and forecast 2023-2028
  • Chart on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
  • Chart on Terminal-based games - Year-over-year growth 2023-2028 (%)
  • Data Table on Terminal-based games - Year-over-year growth 2023-2028 (%)
7.5 Sports lotteries - Market size and forecast 2023-2028
  • Chart on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
  • Chart on Sports lotteries - Year-over-year growth 2023-2028 (%)
  • Data Table on Sports lotteries - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
  • Market opportunity by Type ($ billion)
  • Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape - 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
  • Chart on Canada - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
  • Chart on Canada - Year-over-year growth 2023-2028 (%)
  • Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
  • Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
  • Chart on Mexico - Year-over-year growth 2023-2028 (%)
  • Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ billion)
  • Data Table on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
  • Overview on factors of disruption
11.4 Industry risks
  • Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
  • Companies covered
12.2 Market positioning of companies
  • Matrix on companies position and classification
12.3 Arizona Lottery
  • Arizona Lottery - Overview
  • Arizona Lottery - Product / Service
  • Arizona Lottery - Key offerings
12.4 Camelot UK Lotteries Ltd.
  • Camelot UK Lotteries Ltd. - Overview
  • Camelot UK Lotteries Ltd. - Product / Service
  • Camelot UK Lotteries Ltd. - Key offerings
12.5 Colorado Lottery
  • Colorado Lottery - Overview
  • Colorado Lottery - Product / Service
  • Colorado Lottery - Key offerings
12.6 Connecticut Lottery Corp.
  • Connecticut Lottery Corp. - Overview
  • Connecticut Lottery Corp. - Product / Service
  • Connecticut Lottery Corp. - Key offerings
12.7 Delaware State Lottery
  • Delaware State Lottery - Overview
  • Delaware State Lottery - Product / Service
  • Delaware State Lottery - Key offerings
12.8 Florida Lottery
  • Florida Lottery - Overview
  • Florida Lottery - Product / Service
  • Florida Lottery - Key offerings
12.9 Georgia Lottery Corp.
  • Georgia Lottery Corp. - Overview
  • Georgia Lottery Corp. - Product / Service
  • Georgia Lottery Corp. - Key offerings
12.10 Missouri Lottery
  • Missouri Lottery - Overview
  • Missouri Lottery - Product / Service
  • Missouri Lottery - Key offerings
12.11 STRATACACHE
  • STRATACACHE - Overview
  • STRATACACHE - Product / Service
  • STRATACACHE - Key offerings
12.12 The California State Lottery
  • The California State Lottery - Overview
  • The California State Lottery - Product / Service
  • The California State Lottery - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
13.3 Currency conversion rates for US$
  • Currency conversion rates for US$
13.4 Research methodology
  • Research methodology
13.5 Data procurement
  • Information sources
13.6 Data validation
  • Data validation
13.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
13.8 Data synthesis
  • Data synthesis
  • 360 degree market analysis
  • 360 degree market analysis
13.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Platform
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on North America: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 20: Historic Market Size - Data Table on Lottery Market in North America 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Platform Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Platform - Market share 2023-2028 (%)
Exhibits 32: Data Table on Platform - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Platform
Exhibits 34: Data Table on Comparison by Platform
Exhibits 35: Chart on Traditional - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Traditional - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Traditional - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Traditional - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Platform ($ billion)
Exhibits 44: Data Table on Market opportunity by Platform ($ billion)
Exhibits 45: Chart on Type - Market share 2023-2028 (%)
Exhibits 46: Data Table on Type - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Type
Exhibits 48: Data Table on Comparison by Type
Exhibits 49: Chart on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Scratch-off games - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Scratch-off games - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on Terminal-based games - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Terminal-based games - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Data Table on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Chart on Sports lotteries - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Sports lotteries - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Type ($ billion)
Exhibits 62: Data Table on Market opportunity by Type ($ billion)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 65: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 66: Chart on Geographic comparison
Exhibits 67: Data Table on Geographic comparison
Exhibits 68: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 80: Market opportunity By Geographical Landscape ($ billion)
Exhibits 81: Data Table on Market opportunity By Geographical Landscape ($ billion)
Exhibits 82: Impact of drivers and challenges in 2023 and 2028
Exhibits 83: Overview on criticality of inputs and factors of differentiation
Exhibits 84: Overview on factors of disruption
Exhibits 85: Impact of key risks on business
Exhibits 86: Companies covered
Exhibits 87: Matrix on companies position and classification
Exhibits 88: Arizona Lottery - Overview
Exhibits 89: Arizona Lottery - Product / Service
Exhibits 90: Arizona Lottery - Key offerings
Exhibits 91: Camelot UK Lotteries Ltd. - Overview
Exhibits 92: Camelot UK Lotteries Ltd. - Product / Service
Exhibits 93: Camelot UK Lotteries Ltd. - Key offerings
Exhibits 94: Colorado Lottery - Overview
Exhibits 95: Colorado Lottery - Product / Service
Exhibits 96: Colorado Lottery - Key offerings
Exhibits 97: Connecticut Lottery Corp. - Overview
Exhibits 98: Connecticut Lottery Corp. - Product / Service
Exhibits 99: Connecticut Lottery Corp. - Key offerings
Exhibits 100: Delaware State Lottery - Overview
Exhibits 101: Delaware State Lottery - Product / Service
Exhibits 102: Delaware State Lottery - Key offerings
Exhibits 103: Florida Lottery - Overview
Exhibits 104: Florida Lottery - Product / Service
Exhibits 105: Florida Lottery - Key offerings
Exhibits 106: Georgia Lottery Corp. - Overview
Exhibits 107: Georgia Lottery Corp. - Product / Service
Exhibits 108: Georgia Lottery Corp. - Key offerings
Exhibits 109: Missouri Lottery - Overview
Exhibits 110: Missouri Lottery - Product / Service
Exhibits 111: Missouri Lottery - Key offerings
Exhibits 112: STRATACACHE - Overview
Exhibits 113: STRATACACHE - Product / Service
Exhibits 114: STRATACACHE - Key offerings
Exhibits 115: The California State Lottery - Overview
Exhibits 116: The California State Lottery - Product / Service
Exhibits 117: The California State Lottery - Key offerings
Exhibits 118: Inclusions checklist
Exhibits 119: Exclusions checklist
Exhibits 120: Currency conversion rates for US$
Exhibits 121: Research methodology
Exhibits 122: Information sources
Exhibits 123: Data validation
Exhibits 124: Validation techniques employed for market sizing
Exhibits 125: Data synthesis
Exhibits 126: 360 degree market analysis
Exhibits 127: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the lottery market in North America: Arizona Lottery, Camelot UK Lotteries Ltd., Colorado Lottery, Connecticut Lottery Corp., Delaware State Lottery, Florida Lottery, Flutter Entertainment PLC, Georgia Lottery Corp., Hoosier Lottery, Missouri Lottery, New York State Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games LLC, STRATACACHE, Texas Lottery Commission, and The California State Lottery.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of artificial intelligence (ai) in lottery platforms."

According to the report, one of the major drivers for this market is the growing adoption of marketing strategies to increase ticket sales.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Arizona Lottery
  • Camelot UK Lotteries Ltd.
  • Colorado Lottery
  • Connecticut Lottery Corp.
  • Delaware State Lottery
  • Florida Lottery
  • Flutter Entertainment Plc
  • Georgia Lottery Corp.
  • Hoosier Lottery
  • Missouri Lottery
  • New York State Gaming Commission
  • Pennsylvania Lottery
  • Pollard Banknote Ltd.
  • Scientific Games LLC
  • STRATACACHE
  • Texas Lottery Commission
  • The California State Lottery

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About the Lottery Market

The lottery is a form of gambling that involves the drawing of numbers for a prize. Lotteries are operated by governments and organizations, with the most common form of lottery being the national lottery. Lotteries are often used to raise money for good causes, such as education, health, and infrastructure. Lotteries are typically conducted as either a raffle or a draw game. In a raffle, players purchase tickets with a unique number, and the winner is determined by a random drawing. In a draw game, players select numbers from a set of numbers, and the winner is determined by the numbers that are drawn. Lotteries are popular around the world, with many countries having their own national lottery. In addition to national lotteries, there are also many private lotteries that are operated by companies. These lotteries are often used to raise money for charities or other causes. Some companies in the lottery market include the Multi-State Lottery Association, the North American Association of State and Provincial Lotteries, and the International Lottery and Gaming Corporation. Show Less Read more

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