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trader_ron

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Monday, 09/25/2017 1:43:45 PM

Monday, September 25, 2017 1:43:45 PM

Post# of 2804248
Analysis coverage on $LTTGF LottoGopher Holdings, Inc. – Disruptive Technology for Lotteries


http://globalsmallcaps.com/2017/09/25/5lottogopher-holdings-inc-disruptive-technology-for-lotteries/



This report offers an analysis of LottoGopher Holdings Inc., which is a unique small-cap play. The business plan is to help move the antiquated lottery industry toward online purchasing of tickets.Significant progress has already been made in one of the most regulated lottery markets – California – where tickets can now be purchased online. LottoGopher is now seeking to move into an additional 22 states. We estimate this will represent more than 75% of the U.S. market.Worldwide lotteries continue to enjoy remarkable growth several times in excess of national GDPs – The U.S. market also enjoys continued strength with more than $70 billion in tickets purchased last year – meaning there was about $206 spent on lotteries for each American.


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