Lottery Market in Mexico 2017-2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Lottery Market in Mexico 2017-2021" report to their offering.

The analysts forecast the lottery market in Mexico to grow at a CAGR of 9.97% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the lottery market in Mexico for 2017-2021. To calculate the market size, the report considers the revenue generated from lottery sales in Mexico.

According to the report, one driver in market is high potential ROI. The lottery market consists of several types of games and tickets that are offered at different prices. In the lottery market, rewards are given in the form of physical goods and monetary benefits. The rewards differ depending on the price and scheme of the lottery. In countries like Mexico, there is no limit on the maximum jackpot amount that can be won, which is not the case in China. The maximum jackpot amount is $4 million in China. Customers invest in lottery tickets in the hope that they will win huge jackpots. Though the chances of winning a lottery are low, winners get high ROI. This is a major factor that encourages a large number of individuals to participate in these games.

Key vendors

- Mexico National Lottery

- INTRALOT

- Predictions for Public Assistance

- SORTEO GAMES

Market drivers

- Increased taxes from painless revenue.

- For a full, detailed list, view the full report

Market challenges

- Addictive behavior among low-income groups.

- For a full, detailed list, view the full report

Market trends

- Increasing promotion of lottery through social media.

- For a full, detailed list, view the full report

For more information about this report visit http://www.researchandmarkets.com/research/fcmf34/lottery_market_in

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Gambling

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Gambling