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Ewings, the company behind the popular lottery operator Mahzooz, is gearing up for “exciting new ventures” after unexpectedly missing out on the United Arab Emirates’ first national lottery license. On July 28, the General Commercial Gaming Regulatory Authority (GCGRA) awarded the highly sought-after licence to The Game LLC, a relatively unknown entity that has yet…
The Swiss Loterie Romande public lottery has successfully navigated a year of challenges, reporting a decline in revenue but a rise in both profit and contributions to charitable causes for the year ending December 31, 2023. Record Profit Achieved Despite Revenue Drop In its annual report for 2023, Loterie Romande recorded a gross gaming revenue…
As online sports betting gains momentum, lottery commissions across the United States are growing increasingly concerned about its potential impact on their revenue streams. The pressing question is: Is online sports betting really cannibalizing lottery sales, or are other factors at play? This article delves into the issue, exploring various perspectives and studies to uncover…
