SlideShare a Scribd company logo
1 of 8
Download to read offline
Why  do  lotteries  run  into  losses  ?
LocusPlay Mobile Lottery
22	
  
Lottery  can  not  turn  you  into  a  
millionaire  overnight.
Over-expectation
100	
  
%
Misinterpreting  the  Lottery  
Path to achieve overnight success
Return on investment expected in 4-6 months
Lotteries do not work the same way globally
Land-based lotteries are more effective initially
Key Factors
Influencing
Losses
LocusPlay Mobile Lottery
4
LocusPlay Mobile Lottery
4	
  
Fairytale  Business  Model  
Investors are brought into a frame by projecting
a billion dollar potential business opportunity
Unrealistic plan of acquiring 5-10% of lottery
market share in the first few months
Unrealistic expectation for breaking even in
less than 6 months
Gloomy picture
Eventually  the  lottery  becomes  chaotic  
and  mostly  goes  out  of  business.
1
LocusPlay Mobile Lottery
55	
  
Misconstrued  Decisions
Lottery is highly cultural and this factor has
been grossly missed out
Investors take a plunge with a team who
haven’t understood the culture of the lottery
Lotteries fail to understand the preferences of
the players instead delivers a product beyond
grasp
The  inability  to  imbibe  into  a  lottery  
culture    is  a  primary  reason    causing  
major  lottery  failures.
Culture misfit
2
LocusPlay Mobile Lottery
66	
  
Planning  and  execution  are  the  key  to  
success  of  the  lottery.    Of  course,  
money  is  required.
Money not the only solution
Pursuing  Unsolvable  Problems
Lottery is launched with the help of proclaimed
experts who have never set-up a lottery in the
past
When the lottery starts to derail, rather than
targeting the problem we go for out-of-the-box
solutions
To stabilize the lottery, more money is pumped
in thinking “money solves all the problems”.
3
About LocusPlay
LocusPlay  helps  transform  lotteries  globally.    Our  back  office  system  provides  you  
access  to  detailed  reports  and  analytics  for  quick  decision  making.    LocusPlay  Mobile  
Lottery  solution  assists  lottery  to  operate  effectively  and  efficiently  
Lotteries  across  3  continents  are  already  using  LocusPlay  platform.    Some  of  our  
customers  from  emerging  market  have  experienced  4X  growth  in  sales.    50%  of  our  
customers  have  switched  from  their  existing  technology  providers  to  LocusPlay.    With  
over  100  million  tickets  sold  using  LocusPlay  and  we  helped  save  up  to  80%  in  capital  
investment.
www.LocusPlay.com	
  	
  
info@locusplay.com	
  |	
  +1-­‐401-­‐400-­‐1183

More Related Content

What's hot

Case study of state lottery marketing-mix optimization analysis
Case study of state lottery marketing-mix optimization analysisCase study of state lottery marketing-mix optimization analysis
Case study of state lottery marketing-mix optimization analysisMichael Wolfe
 
Benefits of CRM in Lottery
Benefits of CRM in LotteryBenefits of CRM in Lottery
Benefits of CRM in LotteryLocusPlay
 
Florida Lottery - Become a Retailer Presentation
Florida Lottery - Become a Retailer PresentationFlorida Lottery - Become a Retailer Presentation
Florida Lottery - Become a Retailer Presentationmeltonlava
 
Booming M&A Gaming Market
Booming M&A Gaming MarketBooming M&A Gaming Market
Booming M&A Gaming MarketAlina Soltys
 
Mobile Earns More but is PC Social Casino Dead? | Carter Rogers
Mobile Earns More but is PC Social Casino Dead? | Carter RogersMobile Earns More but is PC Social Casino Dead? | Carter Rogers
Mobile Earns More but is PC Social Casino Dead? | Carter RogersJessica Tams
 
Casinos: The New Gold Rush For Developers? | Darion Lowenstein
Casinos: The New Gold Rush For Developers? | Darion LowensteinCasinos: The New Gold Rush For Developers? | Darion Lowenstein
Casinos: The New Gold Rush For Developers? | Darion LowensteinJessica Tams
 
Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...
Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...
Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...Digiday
 
3 Vectors of Social Casino Evolution in Asia Pacific | John B. Lin
3 Vectors of Social Casino Evolution in Asia Pacific | John B. Lin3 Vectors of Social Casino Evolution in Asia Pacific | John B. Lin
3 Vectors of Social Casino Evolution in Asia Pacific | John B. LinJessica Tams
 
how long a shot is powerball contingencies mrotek van houtte
how long a shot is powerball contingencies mrotek van houttehow long a shot is powerball contingencies mrotek van houtte
how long a shot is powerball contingencies mrotek van houtteKyle Mrotek
 
Why do lotteries run into losses?
Why do lotteries run into losses?Why do lotteries run into losses?
Why do lotteries run into losses?LocusPlay
 
Daniel-and-Maya-BCG-Case-Study-2
Daniel-and-Maya-BCG-Case-Study-2Daniel-and-Maya-BCG-Case-Study-2
Daniel-and-Maya-BCG-Case-Study-2danwark
 
Zynga ppt -wei
Zynga ppt -weiZynga ppt -wei
Zynga ppt -weiWang Wei
 

What's hot (13)

Case study of state lottery marketing-mix optimization analysis
Case study of state lottery marketing-mix optimization analysisCase study of state lottery marketing-mix optimization analysis
Case study of state lottery marketing-mix optimization analysis
 
Benefits of CRM in Lottery
Benefits of CRM in LotteryBenefits of CRM in Lottery
Benefits of CRM in Lottery
 
Florida Lottery - Become a Retailer Presentation
Florida Lottery - Become a Retailer PresentationFlorida Lottery - Become a Retailer Presentation
Florida Lottery - Become a Retailer Presentation
 
Booming M&A Gaming Market
Booming M&A Gaming MarketBooming M&A Gaming Market
Booming M&A Gaming Market
 
Mobile Earns More but is PC Social Casino Dead? | Carter Rogers
Mobile Earns More but is PC Social Casino Dead? | Carter RogersMobile Earns More but is PC Social Casino Dead? | Carter Rogers
Mobile Earns More but is PC Social Casino Dead? | Carter Rogers
 
Casinos: The New Gold Rush For Developers? | Darion Lowenstein
Casinos: The New Gold Rush For Developers? | Darion LowensteinCasinos: The New Gold Rush For Developers? | Darion Lowenstein
Casinos: The New Gold Rush For Developers? | Darion Lowenstein
 
Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...
Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...
Hot Topic: How to Organise for a Programmatic Culture - Digiday Programmatic ...
 
3 Vectors of Social Casino Evolution in Asia Pacific | John B. Lin
3 Vectors of Social Casino Evolution in Asia Pacific | John B. Lin3 Vectors of Social Casino Evolution in Asia Pacific | John B. Lin
3 Vectors of Social Casino Evolution in Asia Pacific | John B. Lin
 
how long a shot is powerball contingencies mrotek van houtte
how long a shot is powerball contingencies mrotek van houttehow long a shot is powerball contingencies mrotek van houtte
how long a shot is powerball contingencies mrotek van houtte
 
Why do lotteries run into losses?
Why do lotteries run into losses?Why do lotteries run into losses?
Why do lotteries run into losses?
 
Jago Studios Pitch Deck
Jago Studios Pitch DeckJago Studios Pitch Deck
Jago Studios Pitch Deck
 
Daniel-and-Maya-BCG-Case-Study-2
Daniel-and-Maya-BCG-Case-Study-2Daniel-and-Maya-BCG-Case-Study-2
Daniel-and-Maya-BCG-Case-Study-2
 
Zynga ppt -wei
Zynga ppt -weiZynga ppt -wei
Zynga ppt -wei
 

Similar to LocusPlay - Why do lotteries run into losses?

Why do lotteries fail?
Why do lotteries fail?Why do lotteries fail?
Why do lotteries fail?LocusPlay
 
Publicgaming International (Lottery) Magazine - Nov/Dec 2014
Publicgaming International (Lottery) Magazine - Nov/Dec 2014Publicgaming International (Lottery) Magazine - Nov/Dec 2014
Publicgaming International (Lottery) Magazine - Nov/Dec 2014Oliver Grave
 
State of the Social Casino Industry – Q4 2017 | Adam Krejcik
State of the Social Casino Industry – Q4 2017 | Adam KrejcikState of the Social Casino Industry – Q4 2017 | Adam Krejcik
State of the Social Casino Industry – Q4 2017 | Adam KrejcikJessica Tams
 
Flip Stock Market Intro. for Affiliates
Flip Stock Market Intro. for AffiliatesFlip Stock Market Intro. for Affiliates
Flip Stock Market Intro. for AffiliatesMick Vallee
 
Fearful Fund Fantasies
Fearful Fund FantasiesFearful Fund Fantasies
Fearful Fund FantasiesHans Goetze
 
Mind capital official presentation
Mind capital official presentationMind capital official presentation
Mind capital official presentationLader Garcia
 
Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...
Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...
Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...Mihai Gheza
 
Betting Markets and Financial Trading
Betting Markets and Financial TradingBetting Markets and Financial Trading
Betting Markets and Financial Tradingfinancialtrading
 
PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015
PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015
PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015Oliver Grave
 
CoinOp 2021 | Why you shouldn't make blockchain games
CoinOp 2021 | Why you shouldn't make blockchain gamesCoinOp 2021 | Why you shouldn't make blockchain games
CoinOp 2021 | Why you shouldn't make blockchain gamesJon Jordan
 
ABC-Zs of TaxCharityTM-30apr16
ABC-Zs of TaxCharityTM-30apr16ABC-Zs of TaxCharityTM-30apr16
ABC-Zs of TaxCharityTM-30apr16Hans Goetze
 
Pitch Deck 101 for Indies
Pitch Deck 101 for IndiesPitch Deck 101 for Indies
Pitch Deck 101 for IndiesKumsal Obuz
 
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2THE Z-CODE SPORTS INVESTING BIBLE VOL. 2
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2MOSESVINSCON
 
Redemption Token Whitepaper.pdf
Redemption Token Whitepaper.pdfRedemption Token Whitepaper.pdf
Redemption Token Whitepaper.pdfRedemption Token
 
ABC-Zs of TaxCharityTM-31mar16
ABC-Zs of TaxCharityTM-31mar16ABC-Zs of TaxCharityTM-31mar16
ABC-Zs of TaxCharityTM-31mar16Hans Goetze
 
Football mastery ZCode™ Prediction Model features
Football mastery ZCode™ Prediction Model featuresFootball mastery ZCode™ Prediction Model features
Football mastery ZCode™ Prediction Model featuresTeslaGamingStudio
 
State of the Social Casino Industry Q2/Q3 2016 | Elad Kushnir
State of the Social Casino Industry Q2/Q3 2016 | Elad KushnirState of the Social Casino Industry Q2/Q3 2016 | Elad Kushnir
State of the Social Casino Industry Q2/Q3 2016 | Elad KushnirJessica Tams
 
DAISY TRON Overview and Compensation Plan Hi-Resolution Version
DAISY TRON Overview and Compensation Plan Hi-Resolution VersionDAISY TRON Overview and Compensation Plan Hi-Resolution Version
DAISY TRON Overview and Compensation Plan Hi-Resolution VersionFORTUNE FIVE COMMUNITY
 
Status of women in Share Market
Status of women in Share MarketStatus of women in Share Market
Status of women in Share MarketDeepika S.R.
 

Similar to LocusPlay - Why do lotteries run into losses? (20)

Why do lotteries fail?
Why do lotteries fail?Why do lotteries fail?
Why do lotteries fail?
 
Publicgaming International (Lottery) Magazine - Nov/Dec 2014
Publicgaming International (Lottery) Magazine - Nov/Dec 2014Publicgaming International (Lottery) Magazine - Nov/Dec 2014
Publicgaming International (Lottery) Magazine - Nov/Dec 2014
 
State of the Social Casino Industry – Q4 2017 | Adam Krejcik
State of the Social Casino Industry – Q4 2017 | Adam KrejcikState of the Social Casino Industry – Q4 2017 | Adam Krejcik
State of the Social Casino Industry – Q4 2017 | Adam Krejcik
 
Flip Stock Market Intro. for Affiliates
Flip Stock Market Intro. for AffiliatesFlip Stock Market Intro. for Affiliates
Flip Stock Market Intro. for Affiliates
 
Fearful Fund Fantasies
Fearful Fund FantasiesFearful Fund Fantasies
Fearful Fund Fantasies
 
Mind capital official presentation
Mind capital official presentationMind capital official presentation
Mind capital official presentation
 
Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...
Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...
Trends in Mobile Game Publishing and Monetisation - Mihai Gheza @Games Busine...
 
Kings Entertainment Investors Deck
Kings Entertainment Investors DeckKings Entertainment Investors Deck
Kings Entertainment Investors Deck
 
Betting Markets and Financial Trading
Betting Markets and Financial TradingBetting Markets and Financial Trading
Betting Markets and Financial Trading
 
PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015
PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015
PUBLIC GAMING INTERNATIONAL MAGAZINE - April 2015
 
CoinOp 2021 | Why you shouldn't make blockchain games
CoinOp 2021 | Why you shouldn't make blockchain gamesCoinOp 2021 | Why you shouldn't make blockchain games
CoinOp 2021 | Why you shouldn't make blockchain games
 
ABC-Zs of TaxCharityTM-30apr16
ABC-Zs of TaxCharityTM-30apr16ABC-Zs of TaxCharityTM-30apr16
ABC-Zs of TaxCharityTM-30apr16
 
Pitch Deck 101 for Indies
Pitch Deck 101 for IndiesPitch Deck 101 for Indies
Pitch Deck 101 for Indies
 
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2THE Z-CODE SPORTS INVESTING BIBLE VOL. 2
THE Z-CODE SPORTS INVESTING BIBLE VOL. 2
 
Redemption Token Whitepaper.pdf
Redemption Token Whitepaper.pdfRedemption Token Whitepaper.pdf
Redemption Token Whitepaper.pdf
 
ABC-Zs of TaxCharityTM-31mar16
ABC-Zs of TaxCharityTM-31mar16ABC-Zs of TaxCharityTM-31mar16
ABC-Zs of TaxCharityTM-31mar16
 
Football mastery ZCode™ Prediction Model features
Football mastery ZCode™ Prediction Model featuresFootball mastery ZCode™ Prediction Model features
Football mastery ZCode™ Prediction Model features
 
State of the Social Casino Industry Q2/Q3 2016 | Elad Kushnir
State of the Social Casino Industry Q2/Q3 2016 | Elad KushnirState of the Social Casino Industry Q2/Q3 2016 | Elad Kushnir
State of the Social Casino Industry Q2/Q3 2016 | Elad Kushnir
 
DAISY TRON Overview and Compensation Plan Hi-Resolution Version
DAISY TRON Overview and Compensation Plan Hi-Resolution VersionDAISY TRON Overview and Compensation Plan Hi-Resolution Version
DAISY TRON Overview and Compensation Plan Hi-Resolution Version
 
Status of women in Share Market
Status of women in Share MarketStatus of women in Share Market
Status of women in Share Market
 

More from LocusPlay

LocusPlay Newsletter April 2018
LocusPlay Newsletter April 2018LocusPlay Newsletter April 2018
LocusPlay Newsletter April 2018LocusPlay
 
LocusPlay Newsletter February 2018
LocusPlay Newsletter February 2018LocusPlay Newsletter February 2018
LocusPlay Newsletter February 2018LocusPlay
 
LocusPlay Newsletter January 2018
LocusPlay Newsletter January 2018LocusPlay Newsletter January 2018
LocusPlay Newsletter January 2018LocusPlay
 
LocusPlay Newsletter December 2018
LocusPlay Newsletter December 2018 LocusPlay Newsletter December 2018
LocusPlay Newsletter December 2018 LocusPlay
 
LocusPlay Newsletter January 2017
LocusPlay Newsletter January 2017LocusPlay Newsletter January 2017
LocusPlay Newsletter January 2017LocusPlay
 
LocusPlay Newsletter November 2017
LocusPlay Newsletter November 2017LocusPlay Newsletter November 2017
LocusPlay Newsletter November 2017LocusPlay
 
LocusPlay Newsletter November 2015
LocusPlay Newsletter November 2015LocusPlay Newsletter November 2015
LocusPlay Newsletter November 2015LocusPlay
 
LocusPlay Newsletter December 2015
LocusPlay Newsletter December 2015 LocusPlay Newsletter December 2015
LocusPlay Newsletter December 2015 LocusPlay
 
LocusPlay Newsletter October 2017
LocusPlay Newsletter October 2017LocusPlay Newsletter October 2017
LocusPlay Newsletter October 2017LocusPlay
 
LocusPlay newsletter April 2016
LocusPlay newsletter April 2016LocusPlay newsletter April 2016
LocusPlay newsletter April 2016LocusPlay
 
LocusPlay newsletter June 2016
LocusPlay newsletter June 2016LocusPlay newsletter June 2016
LocusPlay newsletter June 2016LocusPlay
 
LocusPlay newsletter January 2016
LocusPlay newsletter January 2016LocusPlay newsletter January 2016
LocusPlay newsletter January 2016LocusPlay
 
LocusPlay newsletter February and March 2016
LocusPlay newsletter February and March 2016LocusPlay newsletter February and March 2016
LocusPlay newsletter February and March 2016LocusPlay
 
LocusPlay Newsletter - May 2016
LocusPlay Newsletter - May 2016LocusPlay Newsletter - May 2016
LocusPlay Newsletter - May 2016LocusPlay
 
LocusPlay Newsletter July 2016
LocusPlay Newsletter July 2016LocusPlay Newsletter July 2016
LocusPlay Newsletter July 2016LocusPlay
 
LocusPlay Newsletter - September 2016
 LocusPlay Newsletter - September 2016 LocusPlay Newsletter - September 2016
LocusPlay Newsletter - September 2016LocusPlay
 
LocusPlay Newsletter October 2016
LocusPlay Newsletter October 2016LocusPlay Newsletter October 2016
LocusPlay Newsletter October 2016LocusPlay
 
LocusPlay Newsletter November 2016
LocusPlay Newsletter November 2016LocusPlay Newsletter November 2016
LocusPlay Newsletter November 2016LocusPlay
 
LocusPlay Newsletter - August 2016
LocusPlay Newsletter - August 2016LocusPlay Newsletter - August 2016
LocusPlay Newsletter - August 2016LocusPlay
 
LocusPlay Newsletter December 2016
LocusPlay Newsletter December 2016LocusPlay Newsletter December 2016
LocusPlay Newsletter December 2016LocusPlay
 

More from LocusPlay (20)

LocusPlay Newsletter April 2018
LocusPlay Newsletter April 2018LocusPlay Newsletter April 2018
LocusPlay Newsletter April 2018
 
LocusPlay Newsletter February 2018
LocusPlay Newsletter February 2018LocusPlay Newsletter February 2018
LocusPlay Newsletter February 2018
 
LocusPlay Newsletter January 2018
LocusPlay Newsletter January 2018LocusPlay Newsletter January 2018
LocusPlay Newsletter January 2018
 
LocusPlay Newsletter December 2018
LocusPlay Newsletter December 2018 LocusPlay Newsletter December 2018
LocusPlay Newsletter December 2018
 
LocusPlay Newsletter January 2017
LocusPlay Newsletter January 2017LocusPlay Newsletter January 2017
LocusPlay Newsletter January 2017
 
LocusPlay Newsletter November 2017
LocusPlay Newsletter November 2017LocusPlay Newsletter November 2017
LocusPlay Newsletter November 2017
 
LocusPlay Newsletter November 2015
LocusPlay Newsletter November 2015LocusPlay Newsletter November 2015
LocusPlay Newsletter November 2015
 
LocusPlay Newsletter December 2015
LocusPlay Newsletter December 2015 LocusPlay Newsletter December 2015
LocusPlay Newsletter December 2015
 
LocusPlay Newsletter October 2017
LocusPlay Newsletter October 2017LocusPlay Newsletter October 2017
LocusPlay Newsletter October 2017
 
LocusPlay newsletter April 2016
LocusPlay newsletter April 2016LocusPlay newsletter April 2016
LocusPlay newsletter April 2016
 
LocusPlay newsletter June 2016
LocusPlay newsletter June 2016LocusPlay newsletter June 2016
LocusPlay newsletter June 2016
 
LocusPlay newsletter January 2016
LocusPlay newsletter January 2016LocusPlay newsletter January 2016
LocusPlay newsletter January 2016
 
LocusPlay newsletter February and March 2016
LocusPlay newsletter February and March 2016LocusPlay newsletter February and March 2016
LocusPlay newsletter February and March 2016
 
LocusPlay Newsletter - May 2016
LocusPlay Newsletter - May 2016LocusPlay Newsletter - May 2016
LocusPlay Newsletter - May 2016
 
LocusPlay Newsletter July 2016
LocusPlay Newsletter July 2016LocusPlay Newsletter July 2016
LocusPlay Newsletter July 2016
 
LocusPlay Newsletter - September 2016
 LocusPlay Newsletter - September 2016 LocusPlay Newsletter - September 2016
LocusPlay Newsletter - September 2016
 
LocusPlay Newsletter October 2016
LocusPlay Newsletter October 2016LocusPlay Newsletter October 2016
LocusPlay Newsletter October 2016
 
LocusPlay Newsletter November 2016
LocusPlay Newsletter November 2016LocusPlay Newsletter November 2016
LocusPlay Newsletter November 2016
 
LocusPlay Newsletter - August 2016
LocusPlay Newsletter - August 2016LocusPlay Newsletter - August 2016
LocusPlay Newsletter - August 2016
 
LocusPlay Newsletter December 2016
LocusPlay Newsletter December 2016LocusPlay Newsletter December 2016
LocusPlay Newsletter December 2016
 

Recently uploaded

GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationMichael W. Hawkins
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Allon Mureinik
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksSoftradix Technologies
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions
 
Key Features Of Token Development (1).pptx
Key  Features Of Token  Development (1).pptxKey  Features Of Token  Development (1).pptx
Key Features Of Token Development (1).pptxLBM Solutions
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountPuma Security, LLC
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitecturePixlogix Infotech
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationSafe Software
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptxHampshireHUG
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhisoniya singh
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphNeo4j
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Alan Dix
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Paola De la Torre
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxKatpro Technologies
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsMark Billinghurst
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 

Recently uploaded (20)

GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day Presentation
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
Benefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other FrameworksBenefits Of Flutter Compared To Other Frameworks
Benefits Of Flutter Compared To Other Frameworks
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping Elbows
 
Key Features Of Token Development (1).pptx
Key  Features Of Token  Development (1).pptxKey  Features Of Token  Development (1).pptx
Key Features Of Token Development (1).pptx
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC Architecture
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR Systems
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 

LocusPlay - Why do lotteries run into losses?

  • 1. Why  do  lotteries  run  into  losses  ?
  • 2. LocusPlay Mobile Lottery 22   Lottery  can  not  turn  you  into  a   millionaire  overnight. Over-expectation 100   % Misinterpreting  the  Lottery   Path to achieve overnight success Return on investment expected in 4-6 months Lotteries do not work the same way globally Land-based lotteries are more effective initially
  • 4. LocusPlay Mobile Lottery 4 LocusPlay Mobile Lottery 4   Fairytale  Business  Model   Investors are brought into a frame by projecting a billion dollar potential business opportunity Unrealistic plan of acquiring 5-10% of lottery market share in the first few months Unrealistic expectation for breaking even in less than 6 months Gloomy picture Eventually  the  lottery  becomes  chaotic   and  mostly  goes  out  of  business. 1
  • 5. LocusPlay Mobile Lottery 55   Misconstrued  Decisions Lottery is highly cultural and this factor has been grossly missed out Investors take a plunge with a team who haven’t understood the culture of the lottery Lotteries fail to understand the preferences of the players instead delivers a product beyond grasp The  inability  to  imbibe  into  a  lottery   culture    is  a  primary  reason    causing   major  lottery  failures. Culture misfit 2
  • 6. LocusPlay Mobile Lottery 66   Planning  and  execution  are  the  key  to   success  of  the  lottery.    Of  course,   money  is  required. Money not the only solution Pursuing  Unsolvable  Problems Lottery is launched with the help of proclaimed experts who have never set-up a lottery in the past When the lottery starts to derail, rather than targeting the problem we go for out-of-the-box solutions To stabilize the lottery, more money is pumped in thinking “money solves all the problems”. 3
  • 7. About LocusPlay LocusPlay  helps  transform  lotteries  globally.    Our  back  office  system  provides  you   access  to  detailed  reports  and  analytics  for  quick  decision  making.    LocusPlay  Mobile   Lottery  solution  assists  lottery  to  operate  effectively  and  efficiently   Lotteries  across  3  continents  are  already  using  LocusPlay  platform.    Some  of  our   customers  from  emerging  market  have  experienced  4X  growth  in  sales.    50%  of  our   customers  have  switched  from  their  existing  technology  providers  to  LocusPlay.    With   over  100  million  tickets  sold  using  LocusPlay  and  we  helped  save  up  to  80%  in  capital   investment.
  • 8. www.LocusPlay.com     info@locusplay.com  |  +1-­‐401-­‐400-­‐1183