Why do lottery companies fold up?

kayode10

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There was a time I visited one area in which there are lot of different not really companies which are available for people to play. After 6 month I visited the place again and I discovered that most of the gambling and lottery companies have already filled up and there is no law against them. But I wonder that they are making a lot of profit. So I want to ask that why do lottery companies fold up?
 
One common reason is financial insolvency. This can happen if the company is not generating enough revenue to cover its operating expenses, or if it has taken on too much debt.
 
indeed , if a lottery company or any business is not able to generate a good amount of income they will surely start to think about leaving the buisness it is a tough decision that is mostly taken by companies after proper reserach only indeed actually .
 
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