Participants in the US lottery market are calling for the development of the online segment.

In July, sports betting revenues from the Rhode Island-based lottery operator showed growth, which experts associate with the market recovery after the relaxation of quarantine measures, as well as a number of market participants said about the importance of lifting restrictions on the online segment that can restore the country’s economy.
The state’s lottery market revenues were $ 345,425, up 246.8% from June, when it raised just over $ 101,000, while last June revenue was 57.5% higher than the current one, which in turn demonstrates the impact of the pandemic. for this segment. According to the latest data, the expenses of players increased by 236.9% to 6.7 million dollars, while in July last year users brought in 14.7 million dollars for the purchase of tickets.

Mobile remained a key source of revenue for licensed operators, with revenues of more than $ 407,000, player expenses of $ 4.4 million, and losses in the land segment of $ 56,046, which negatively impacted revenues. spent $ 2.3 million.
Also recently, Spinola Gaming CEO Ade Repchenko called on the state to speed up the legislative process and allow the lottery sector to participate in the economic recovery. According to him, digital transformation will play an important role in the US lottery market, and today, legislative restrictions are the main barrier. States that have a legal framework for the sale of lottery tickets have increased budgetary funding from the lottery market, while participants became convinced of the shortcomings of the retail lottery system and came to understand the need to develop a digital direction.
Delaware lost $ 40 million in land closures; Massachusetts dropped 53% in three months; Virginia declined $ 45 million, Maryland dropped 30%, and Oregon’s budget deficit was 22 million dollars.
Oregon State Parks and Recreation Department spokesman Chris Havel said lottery operators regularly supported the government.
The online lottery business has seen gains, according to participants, with Liz Seaver, general manager of NeoPollard Interactive, who said performance metrics hit record highs during the pandemic, and the New Hampshire Lottery Commission reported a 92% increase in online sales.