Is the Lottery Corporation share price a buy?
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The Lottery Corporation Ltd (ASX: TLC) share price has dropped over the last few weeks, as the chart below shows. This could be the right time to look at the business.
Lottery Corporation operates lotteries and Keno products in Australia. It’s exclusively licenced to operate all of Australia’s state lotteries, aside from Western Australia. It also distributes through almost 4,000 retail outlets nationally and digital channels. It operates Keno in most states and territories except Western Australia, Tasmania, and the Northern Territory.
Lottery Corporation has a strong market position and is predicted by analysts to deliver profit growth in the coming years. Let’s take a look at its prospects through the…
