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Lotteries & Native American Casinos in the United States, 2024-2029: Competitive Analysis, Industry Segmentation, Financial Benchmarks
The “Lotteries & Native American Casinos in the US – Industry Market Research Report” report has been added to ResearchAndMarkets.com’s offering.
Over the last few years, industry revenue grew at a CAGR of 5.5% to $198.9 billion, including an expected 3.3% rise in 2024.
In periods of economic growth, lotteries and Native American casinos benefit from low unemployment levels, which drive growth in per capita disposable income. In contrast, recessionary periods cause the majority of consumers to opt against gambling in favor of reducing discretionary spending.
Market Trends
- Pent-up demand propelled industry recovery. Consumers who had cut back on discretionary spending during the pandemic helped boost industry growth.
- Strong consumer demand for traditional lotteries has offset larger pandemic losses. Consumers’ propensity toward simple lottery games sustains the product segment.
- Large population centers are a boon for the industry. In regions with larger population concentration, industry establishments benefit from wider exposure and increased contact with a diverse range of customers.
- A continuous push for high-quality customer service encourages competition. Since many of the gambling and lottery facility operators are small and localized, good customer service ensures a competitive edge and makes the facility more attractive to customers.
Report Coverage
- Market estimates from2014-2029
- Competitive analysis, industry segmentation, financial benchmarks
- Incorporates SWOT, Porter’s Five Forces and risk management frameworks
A selection of companies mentioned in this report includes, but is not limited to:
- The Florida Lottery
- New York State Lottery
Latest News
Enthusiast Gaming Teams Up with Frigo Cheese Heads
Enthusiast Gaming Holdings announced that it has teamed up with Frigo Cheese Heads, the string cheese brand owned by Saputo for sponsored activations including a media sponsorship of NFL Tuesday Night Gamingâs (NFL TNG) Season 3 debut episode.
Frigo Cheese Heads sponsored the âChomp or Peelâ segment of the debut episode of the popular gaming series in which talent was put on teams based on whether they âChompâ or âPeelâ their string cheese. Frigo Cheese Heads also sponsored two pieces of shoulder content, featuring Super Bowl champion T.J Ward and YouTube gaming sensation Matthew âMMGâ Meagher in which they discussed football and their Top 10 Team Power Rankings.
“Weâre excited to partner with Enthusiast Gaming as a segment sponsor of the debut of its third season of NFL Tuesday Night Gaming. Cheese Heads is a brand that strongly supports young people expressing themselves creatively – whether thatâs in the way they make a trick play while gaming or how they choose to eat their string cheese,â said Jenny Englert, marketing director at Saputo USA.
This premiere episode surpassed 7.4M impressions in the first week and built upon the success of this summerâs NFL FLAG SPECIAL. Showcasing the increasing popularity of NFL Kickoff, the season debut increased 30% on its well-regarded off-season episodes and displayed the continued growth of NFL Tuesday Night Gaming.
âSeason 3 of NFL TNG is all about hosting gamers and NFL players who want to share in the experience of gaming together, and NFL TNGâs new couch co-op format delivers that. Weâre seeing immediate results in this new iteration of the program, which is delivering strong viewership and retention, allowing us to target these engaged viewers with integrated branded moments that build brand awareness and consideration for our media partners,â said John Norwood, Executive Vice President of Content at Enthusiast Gaming.
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TWO NEW WORLDS WERE UNVEILED AT ZITRO EXPERIENCE MEXICO 2024
Latin America
Salsa primed to showcase localised LatAm solutions at PerĂș Gaming Show
Salsa Technology is pleased to announce that it will be exhibiting at the pivotal Peru Gaming Show (PGS) 2024, which is being held at the Centro de Exposiciones Jockey, Lima, Peru, between June 12 – 13, 2024.
Visitors will be able to experience Salsaâs localised solutions at Stand #51, where the star team is on hand to answer questions around the offerings tailored specifically for the Latin American market.
There will also be ample opportunity to explore the enhancements made to the platform that are driving success and innovation in Peru and Brazil, among other regions.
Salsa Technologyâs Strategic Alliance Manager, Gina Macheri commented: âWe are very excited about exhibiting at PGS this year. Our main focus is on regulated markets, and following its recent regulation, Peru is a market with huge potential. At Salsa Technology, we offer 360 solutions ranging from PAM, content aggregators, and custom developments. As a global-Latin American company, we are able to provide services that allow our clients’ operations to truly grow and stand out from the competitionâ
Macheri will be spearheading the team in Peru and will be aided by Diego Mourglia, Chief Technology Officer, Eliane Nunes, Head of Marketing & Sales, and Diego Amarillo, Legal Manager.
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