7 min read
Why lottery is a different industry
The largest gambling sector in the world works on decade-long contracts, state monopolies and occasional play. Almost none of the casino playbook applies.
Lottery
State monopolies, long-term technology contracts, instant win products, and the couriers that sell tickets on someone else's behalf.
Lottery is the largest gambling sector worldwide by participation and the one least like the rest of the industry. It is usually a state monopoly, its technology is procured on contracts measured in decades, and its products are designed around occasional play by very large numbers of people rather than frequent play by few.