U.S. Lottery Sales See Double-Digit Growth In First Quarter

In the first three months of 2012, U.S. lottery sales were buoyed up by improving economic conditions and a solid performance at the country’s only privately managed lottery, according to a quarterly survey conducted by analysts at Roth Capital Partners.

The survey, which comprised unaudited results from lotteries in 39 U.S. jurisdictions, shows that total retail lottery sales for the quarter ended March 31 were $14bn, climbing 14.2 percent compared to the same period a year ago.

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