Lotteries in Australia - IBISWorld Industry Market Research

Lotteries in Australia

Lotteries in Australia - IBISWorld Industry Market Research
Lotteries in Australia
Published Feb 21, 2012
28 pages — Published Feb 21, 2012
Price US$ 1,000.00  |  Buy this Report Now

About This Report

  
Abstract:

The Lotteries industry has declined since 2006-07, at an annual rate of 0.9%. Until now, the industry has had an extended life cycle and a generally high population penetration rate among its target groups. However, gaming machines have become a very direct and fierce competitor. The industry is only growing strongly in Western Australia, where there are no gaming machines outside of the casino. Both forms of gaming are attractive to the same demographic market, usually older adults. Lotteries have also fallen out of favour as consumers search for more instant gratification where they can know whether they are a winner instantly, rather than waiting days for a draw.

Businesses in this industry operate lotteries or sell lottery tickets. A lottery is commonly defined as a draw that has a cost to enter and prizewinners are drawn randomly by lot. As such, it includes lotto, traditional lottery draws, instant/scratch tickets, soccer pools and minor gaming like bingo and keno.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
P9321
Report Type
Australia
Format:
PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Lotteries in Australia" Feb 21, 2012. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Lotteries-in-Australia-2042-1708>
  
APA:
IBISWorld Industry Market Research. (2012). Lotteries in Australia Feb 21, 2012. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Lotteries-in-Australia-2042-1708>
  
US$ 1,000.00
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