The Global Online Lottery Market
During the year 2017, Europe dominated the global online lottery market with more than half of the market share. The market in Europe is expected to grow at a CAGR of 9% during the forecast period. Moreover, this region has experienced increased per capita disposable income, which is driving the growth of the market. This region is also fueled by the mass gaming market in Macau.
The global online lottery market is highly fragmented. This is because there are many regional players operating in this market. However, the leading vendors are diversifying their portfolios to offer innovative products and services that will help players in gaining global online lottery market share. Moreover, vendors are constantly observing emerging tech trends to ensure their continued success.
Egan has a comprehensive background in the lottery industry, and has been involved in a number of aspects of lottery operations. He was responsible for identifying legal and operational issues, and helped the Massachusetts Lottery comply with intellectual property restrictions. He also assisted the Massachusetts Lottery in updating its business model to better serve the needs of its customers. In addition, he helped the Massachusetts Lottery comply with state procurement laws. Egan also acted as a member of the Massachusetts Treasurer’s Online Task Force.
In addition to his legal expertise, Egan has an in-depth understanding of sales and marketing trends. He has developed marketing and sales strategies for new products. He also has experience with game development, concept development, and strategic planning. He believes that the lottery industry is changing and that technological advancements will transform consumer behavior.