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Brazil’s new online lottery starts brightly

Published

6 years ago

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Brazil’s new online lottery starts brightly
Photo Source: puredestinations.co.uk
Reading Time: < 1 minute

 

Brazil’s newly launched online lottery, the Loterias Online, produced a remarkable performance, by registering 3.5 million new accesses, which include 341000 registrations, and collecting US$4.45 million.

The total average purchase during the first month was US$147,500 per day and the average ticket was US$12.3. “This represents 1.41% of all lottery revenues in the period,” said the national manager of CAIXA Lottery Products, Rodrigo Hideki Hori.

“It exceeded the expectation, which was 3% of collection in the first 12 months. In the first month alone, the total average purchase was in the house of US$147,500 per day and the average ticket was US$12.3. This represents 1, 41% of all Lottery revenues in the period.”

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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