World Lottery Sales – Never Ending Growth

World Lottery Sales Surge It is clear consumers love to play against the odds for a chance to win big. Global lottery sales topped $284 billion in 2013, growing at 7.6% CAGR from $228 billion in 2010. Recent data from the World Lottery Association shows worldwide lotto sales continuing to grow in 2014, a nine-month on nine-month increase of 10.1%. Latin America and Asia Pacific regions continue to perform strongly, showing double digit growth rates. Fuelling the Asia Pacific growth is China lotteries where sales were up 24.1% through the first 11 months of 2014, contributing $55.8 billion of global lottery revenue. European lottery markets have reversed…