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Holiday Draws of Italian SuperEnalotto Suffer Demand Decline

29 December 2020, 12:58
Votes: 4

Italian main lottery, SuperEnalotto, faces serious sales decline during the recent holiday period. According to the reports, the forecasted decline will be 30% compared to the previous year, which is the worst result for the last 40 years. Login Casino follows the latest lottery news and explains the situation in the Italian lottery sector in more detail.

Holiday Draws of Italian SuperEnalotto Suffer Demand Decline

Christmas and New Year period is traditionally the most prosperous period for lotteries worldwide, and Italy isn't the exception. The major representative of the sector, SuperEnalotto, usually suggests dozens of millions of euros as the major reward, which attracts massive attention during holidays. However, even being one of the richest lotteries worldwide, it seems to face the negative impact of the crisis caused by COVID-19.

What is the decline in more detail?

Thus, the forecasted sales for this year's winter holidays have dropped to 4.7 million tickets, which is 30% worse than 12 months ago. It means only €23.5 million in revenues, compared to the former year's €34 million. Moreover, such a result is the worst for the last 40 years.

Even though the exact numbers will be available only on January 6, the forecast is rather precise.

Being held three times per week, the 137th draw suggested almost €83M. As there was no jackpot winner of the last draw, the next major prize increased to almost €84M. It will be known on Tuesday, December 29.

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