The Lotteries and Native American Casinos industry is made up of companies that operate gambling facilities, except casinos or casino hotels or provide gambling services. Gambling and wagering represent a luxury purchase to most consumers, with the industry primarily driven by the state of the economy. In periods of economic growth, industry servicers benefit from low unemployment levels, driving growth in per capita disposable income. In contrast, recessionary periods cause the majority of consumers to opt against all forms of gambling in favor of reducing discretionary spending habits. Over the past five years, industry revenue grew modestly at a CAGR of 7.8% to $211.3 billion, including an expected 8.8% recovery in 2023.Luck turning around: The industry contended with extreme volatility due to COVID-19, but it's now recovering
This industry comprises establishments primarily engaged in operating gambling facilities, except casinos or casino hotels, or providing gambling services such as lotteries.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
About This Industry
Industry Performance
Products & Markets
Competitive Landscape
Operating Conditions
Key Statistics
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The Florida Lottery
- New York State Lottery
Methodology
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