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Time to play: will states turn to online lotteries to plug financial black holes?
With online lottery sales having surged amid coronavirus-induced restrictions, could this growth encourage budget-stretched states with retail-only lotteries to take the plunge with digital products, or will they continue to leave money on the table?
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Nineteenth-century short story writer Ambrose Bierce once famously suggested that lotteries were a tax on people who are bad at math. His dismissive remark may have contained a hard truth, yet the fact is lotteries are still a significant igaming vertical that generates sales of some $91bn a year in the US. Today, 45 US…
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