Deregulation occurred from 1990 and newsagents are still alive; Lotteries is not a cash-cow on which newsagents depend—the lottery commission far too low to be a ‘cash cow’.
Yes, newsagents are reinventing and they will look different in five years, but redundant? Print will still be alive, people will still buy cards and give gifts, the paperless office never arrived so we still need stationery (make that fashion stationery). Now you can pay bills and send parcels through newsagencies; tomorrow you will complete many electronic transactions newsagencies – newsagents will become the interface between online and offline for many products.
Redundant no—just evolving like everything in a digital world— in fact the latest smart phone will be redundant in one year when the new model comes out.