Markets

Insider Trading

Hedge Funds

Retirement

Opinion

10 Biggest Lotteries in the World

In this article, we will discuss the 10 biggest lottery companies in the world. If you want to skip reading our analysis of the global lottery industry and learn about the biggest lottery companies in the world, you can go directly to 5 Biggest Lotteries In The World.

The lottery industry is made up of both private and public organizations that offer a variety of lottery products and services. The industry is highly regulated in many jurisdictions in order to ensure the integrity of the games and to protect the interests of the players. There are a number of different types of lottery games that are offered, including scratchoff games, drawing games, and instantwin games. Lottery products are sold through a variety of channels, including retail outlets, online websites, and mobile apps. Many lotteries offer players the opportunity to purchase tickets in advance of the drawing date in order to avoid missing out on a chance to win. The lottery industry generates a significant amount of revenue for governments around the world. In the United States, for example, lottery proceeds are used to fund public education. In many other jurisdictions, lottery proceeds are used to support a variety of government programs and causes. The lottery industry is a dynamic and everchanging sector that is sure to continue to grow in the years to come.

$2 Billion Jackpot Hit, Largest In History

On November 8, California lottery officials reported that someone from California has hit a jackpot of $2.04 billion. This is the largest jackpot in the history of U.S. lottery games and the 30-year history of Powerball games. The previous largest jackpot in history was a $1.6 billion Powerball jackpot which was won back in January 2016. The lucky winner bought their ticket at Joe’s Service Center, in Altadena, California. The winning numbers for the Powerball jackpot were white balls 10, 33, 41, 47, and 56 and the Powerball was 10. If the winner selects a lump sum cash option, they are entitled to a cash prize of $997.6 million, or they can decide to take home the $2 billion in annuity payments over 29 years.

An Analysis of the Lottery Industry

According to a report, the global lottery market was valued at $300.6 billion in 2021. The industry is projected to grow at a CAGR of 3.8% through 2031 and is expected to be worth $430.4 billion by the end of the forecasted period. Technological advancements are driving the digitization of industries and the lottery industry is not left out of the pool. According to a report published by Maximize Market Research, the global online lottery industry was valued at $10.44 billion in 2021 and is expected to reach a valuation of $16.77 billion by 2029, growing at a CAGR of 6.1% through the forecasted period. iLottery is becoming popular among consumers as advancements in internet technologies, encryption protocols, and blockchain makes it all the more convenient for the consumer to take part in a lottery sitting at their home without making the trip to a nearby store that sells lottery tickets. The use of blockchain in the lottery industry has the potential to revolutionize the way that lottery games are played. Blockchain is a distributed ledger technology that allows for secure, transparent, and tamper-proof transactions. This could potentially allow for a more secure and fair lottery system that is less susceptible to fraud and corruption. In addition, the use of blockchain could also help to speed up the process of paying out prizes to winners, as well as provide a more efficient way to manage the distribution of lottery tickets. In 2021, North America held the dominant market share of the global online lottery industry, followed by Europe, and then the Asia Pacific and emerging markets. By 2029, Europe is expected to dominate the market share of the online lottery industry.

Some of the major players in the global lottery industry include International Game Technology PLC (NYSE:IGT), Light & Wonder, Inc. (NASDAQ:LNW), and DraftKings Inc. (NASDAQ:DKNG). These, among others, are discussed in detail below.

Our Methodology

To determine the 10 biggest lottery companies in the world, we reviewed the global lottery industry and identified key players in the space. We preferred companies that held significant market share and narrowed down our selection to companies based on their product pipelines, business fundamentals, competitive advantages, and other salient features that make them the best-in-class names in the industry. We have ranked these companies according to their market value, from lowest to highest.

10 Biggest Lotteries In The World

10. Lottery.com Inc. (NASDAQ:LTRY)

Market Cap as of November 8: $16.89 Million

Number of Hedge Fund Holders: 7

Lottery.com Inc. (NASDAQ:LTRY) is a technology company that operates a mobile lottery platform. The company enables users to purchase and manage lottery tickets through their mobile devices. The website allows users to purchase tickets for lottery games such as Powerball and Mega Millions. Lottery.com Inc. (NASDAQ:LTRY) also allows users to check lottery results and find out about lottery winners.

Lottery.com Inc. (NASDAQ:LTRY) has a number of competitive advantages in the online lottery space. First, the company has a proprietary technology platform that allows it to offer a secure and convenient online experience for its customers. Second, Lottery.com Inc. (NASDAQ:LTRY) has established partnerships with some of the largest and most reputable lotteries in the world, which gives it a wide selection of lottery products to offer its customers. Third, the company has a strong marketing and branding strategy that has helped it to build a loyal customer base. The company offers instantaneous results and updates on over 800 lottery games from more than 40 countries. As of November 8, Lottery.com Inc. (NASDAQ:LTRY) is valued at $16.89 million on the open market, and with the growth of the online lottery industry, the company is expected to capture further market share. Lottery.com Inc. (NASDAQ:LTRY) is among the biggest lotteries in the world.

Some of the top mid-cap lottery companies that are expected to retain and grow their market share include International Game Technology PLC (NYSE:IGT), Light & Wonder, Inc. (NASDAQ:LNW), and DraftKings Inc. (NASDAQ:DKNG).

9. TransAct Technologies Incorporated (NASDAQ:TACT)

Market Cap as of November 8: $41.13 Million

Number of Hedge Fund Holders: 7

TransAct Technologies Incorporated (NASDAQ:TACT) is a global leader in developing software-driven technology and printing solutions for high-growth markets. The company’s solutions are designed to help customers reduce costs, increase efficiencies, and make more informed decisions. TransAct Technologies Incorporated (NASDAQ:TACT) provides products and services that address the needs of customers in the casino & gaming, lottery, and oil & gas industries.

TransAct Technologies Incorporated (NASDAQ:TACT) has a competitive advantage over its competitors because of its thermal printing technology. This technology allows the company to print receipts, tickets, and labels on a variety of different materials, including paper, plastic, and metal. The company’s thermal printers are faster and more reliable than other types of printers, and they are less likely to jam. The company’s thermal printers are also more energy-efficient than other types of printers, which reduces operating costs.

On August 18, Barrington analyst Christopher Howe revised his price target on TransAct Technologies Incorporated (NASDAQ:TACT) to $12 from $13 and maintained an Outperform rating on the shares. The company has a market cap of $41.13 million, as of November 8, and is poised to grow this figure as the lottery industry booms. TransAct Technologies Incorporated (NASDAQ:TACT) ranks among the biggest lotteries in the world.

As of June 30, 325 Capital owns roughly 1 million shares of TransAct Technologies Incorporated (NASDAQ:TACT) and is the most prominent shareholder in the company. The fund’s stakes are valued at $4 million.

Here is what Laughing Water Capital had to say about TransAct Technologies Incorporated (NASDAQ:TACT) in its second-quarter 2022 investor letter:

Transact, our slot machine printer business that is also developing back-of-house restaurant and convenience store software, has fallen victim to supply chain issues that have slowed its growth. Quite simply, they have been unable to meet customer demand. This is of course frustrating, and it does come with balance sheet implications, but it is not as if this unmet demand is missed opportunity. Rather, it is delayed opportunity because competitors have not been able to meet demand either.

In fact, this delayed opportunity is likely to come with pricing power. My research suggests that on the slot machine printer side – a duopoly market – TACT’s main competitor has been telling customers that it could be 12-18 months before they have product. TACT expects product much sooner, and appears to be in position to decide if they should build relationships with new customers by being accommodative on price, or if they should be a bit more greedy with the expectation that this business may be one time in nature.

Regardless, with time the supply chain issues will resolve themselves, and TACT will continue its march forward. It bears mentioning that the decline in TACT’s stock has shrunk the market cap to a level that we normally would not bother with, and it is possible that selling pressure is tied to the small size. At the same time, at present TACT is trading at 3-4x my estimate of the normalized EBITDA of the slot machine business, which you may remember operates in a unique niche with regulatory protection and only one real competitor.

This gives no value to the restaurant/C-store business, and in my view selling here for structural reasons would make little sense.”

8. Intralot S.A. Integrated Lottery Systems and Services (OTC:IRLTF)

Market Cap as of November 8: $86.88 Million

Number of Hedge Fund Holders: N/A

Intralot S.A. Integrated Lottery Systems and Services (OTC:IRLTF) is a Greek company that provides integrated lottery systems and services to its clients. It is one of the largest lottery companies in the world with clients in over 50 countries. The company offers a complete range of lottery products and services, including lottery software and hardware, and is among the biggest lotteries in the world. As of November 8, Integrated Lottery Systems and Services (OTC:IRLTF) is worth $86.88 million on the open market.

Intralot S.A. Integrated Lottery Systems and Services (OTC:IRLTF) has a competitive advantage because it is a leading provider of integrated lottery systems and services. The company has a strong track record of delivering high-quality products and services to its customers. Intralot S.A. Integrated Lottery Systems and Services (OTC:IRLTF) has a strong customer base and a solid brand reputation. The company has a wide range of products and services including LotosX, LotosXi, INTRALOT Orion, INTRALOT GMS, INTRALOT Gaming License System, and ScannPlay among others. Intralot S.A. Integrated Lottery Systems and Services (OTC:IRLTF) has a strong financial position and holds free cash flows of $73.4 million. The company is well-positioned to compete in the market and hold a dominant share.

7. Inspired Entertainment, Inc. (NASDAQ:INSE)

Market Cap as of November 8: $255.67 Million

Number of Hedge Fund Holders: 21

Inspired Entertainment, Inc. (NASDAQ:INSE) is a global entertainment and technology company that creates and delivers innovative content and experiences for the lottery and gaming industry. The company offers a portfolio of products and services that includes lottery and gaming technology systems, content, and services. Inspired Entertainment, Inc. (NASDAQ:INSE) has a prominent presence in over 30 countries and is one of the biggest lottery companies in the world, worth $255 million, as of November 8.

Inspired Entertainment, Inc. (NASDAQ:INSE) has been making strides in the iLottery space and is expected to grow its market share as the online lottery space experiences strong growth. On January 4, 2022, the company announced the acquisition of Sportech Lotteries, Inc. for $12.5 million. With this acquisition, Inspired Entertainment, Inc. (NASDAQ:INSE) aims to capitalize on the growth opportunities for the iLottery industry in North America.

This July, B. Riley analyst David Bain maintained a Buy rating and his $24 price target on Inspired Entertainment, Inc. (NASDAQ:INSE).

As of June 30, 683 Capital Partners owns 2.2 million shares of Inspired Entertainment, Inc. (NASDAQ:INSE) and is the leading investor in the company. The fund’s stakes are valued at $18.9 million.

6. NeoGames S.A. (NASDAQ:NGMS)

Market Cap as of November 8: $438.06 Million

Number of Hedge Fund Holders: 16

NeoGames S.A. (NASDAQ:NGMS) is a leading provider of online gaming solutions. The company’s products are used by online gaming operators to offer their customers a variety of games, including casino games, bingo, and lottery games. NeoGames S.A. (NASDAQ:NGMS) has a prominent position in the global lottery industry and is a best-in-class provider of iLottery services. The company is well-positioned to capitalize on the growth opportunities in the iLottery space. As of November 8, the company is valued at $438 million and is one of the biggest lotteries in the world.

On June 28, NeoGames S.A. (NASDAQ:NGMS) announced a strategic collaboration with Intralot do Brasil to offer iLottery services for Loteria Mineira, the official lottery of Minas Gerais, Brazil.

As of June 30, Sunriver Management owns over 1.96 million shares of NeoGames S.A. (NASDAQ:NGMS) and is the largest investor in the company. The fund’s stakes are valued at $26.4 million in the company.

In addition to NeoGames S.A. (NASDAQ:NGMS), other companies that can capitalize on the booming iLottery space include International Game Technology PLC (NYSE:IGT), Light & Wonder, Inc. (NASDAQ:LNW), and DraftKings Inc. (NASDAQ:DKNG).

Click to continue reading and see 5 Biggest Lotteries In The World.

Suggested articles:

Disclosure: None. 10 Biggest Lotteries In The World is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…