In Depth Analysis On Global Lottery Market 2015-2019
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About Lottery:
Lottery, also called as a game of chance, is a type of gambling that involves drawing of lots. The lots are generally in the form of tickets, and the prizes are mostly cash or highly priced goods. Lottery is banned by governments in many countries, whereas in other countries, governments favor lottery to promote fundraising for charitable organizations. As lotteries are governed by local, state, and national laws in different countries, the regulations differ among countries as well as states.
Analysts forecast the global lottery market to grow at a CAGR of 8.85% over the period 2014-2019.
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