LocusPlay Newsletter July 2016
www.locusplay.com Gone are the days where lotteries need to invest a few million dollars to license a technology backbone system. Once, a lottery venture considered being a capital-intensive project is today a more lucrative proposition with moderate investment and comparatively low risk. The credit goes to the latest mobile technology innovations and players’ willingness to adapt quickly to mobile lotteries. It is true that lotteries no longer need those bulky terminals and loads of backend infrastructure like server farms, satellite network, tons of playslips etc., costing it 5-10 million dollars. But it is also true that a lottery, planning to start with a handful of money and not investing adequately in the right technology; is digging its own grave. www.locusplay.com
