Jumbo Interactive Ltd is an innovative and successful online lottery business that has created the hugely popular Oz Lotteries website. Thousands of people each day play their favourite numbers in their favourite lottery games using this safe, secure and innovative website based on technology that has been in development for over 10 years.
The Internet is the clear future for many industries, lotteries being one of them. Jumbo has rekindled the enjoyment of playing the lottery for many players and its innovative technology and interactive marketing on display at OzLotteries.com
Lottery sales quadrupled over 4 years to $100 million and net profit after tax has reached a record $6.7 million for FY 2012. Jumbo Interactive also plays an important role in helping fund many government social initiatives such as Veteran care, schools and health. Over $22 million of additional government duties were raised in FY2012 and another $17 million in FY 2011.
This growth has not only benefited our lottery partners and suppliers, but also thousands of Jumbo Interactive shareholders around the world.
IMPORTANT NEWS - 29 April 2013
Financial Year 2013 Guidance
Leading interactive lottery business, Jumbo Interactive (ASX: JIN), is pleased to update shareholders on guidance for FY 2013 as the Company builds the infrastructure required for expansion into new multi billion dollar international markets.
On a like-for-like basis, the guidance for the current financial year includes steady revenue and profit from Jumbo’s core operations, from a projected increase to $102 - $106 million in total transaction value (TTV, the actual value of sales).
IMPORTANT NEWS - 5 March 2013
Jumbo expands into Germany
Leading interactive lottery business, Jumbo Interactive Limited (ASX: JIN) (“Jumbo or “the Company”), is pleased to announce another major step forward in its plans to expand into high-growth international lotteries, with the signing of an indefinite license and contract in Schleswig Holstein to sell official German lotto games via web and mobile within that state.
Furthermore, plans are underway to acquire similar contracts in other German states to cover the full German population.
IMPORTANT NEWS - 1 March 2013
JIN added to All Ordinaries Index - S&P DJ Indices Announces March Quarterly Rebalance
Sydney, March 1, 2013: S&P Dow Jones Indices announced today the changes in the S&P/ASX indices, effective after the close of trading on March 15, 2013 as a result of the March quarterly review. At this rebalance the entire S&P/ASX index hierarchy is reviewed, including the All Ordinaries.
IMPORTANT NEWS - 21 February 2013
2012 Half-Year Report Released
Leading interactive lottery business, Jumbo Interactive (ASX: JIN), is pleased to announce that half year Total Transaction Value (TTV) of ticket sales is up 23% to $59.3 and Revenue is up 14% to $13.4 million driven by strong jackpots and a growing customer database.
“It has been a busy six months for Jumbo with two new offshore agreements signed as well as delivering good growth in our domestic business. The global trend in the move to Internet lotteries continues to gather pace”, said Mr Mike Veverka, CEO of Jumbo Interactive Limited.
“The second half has continued where the first half left off with significant opportunities available to Jumbo”, he said.
IMPORTANT NEWS - 10 January 2012
Brener Group invests in Sorteo Games
Leading interactive lottery business, Jumbo Interactive Limited (ASX: JIN) (“Jumbo or “the Company"), is pleased to announce that Sorteo has received a material investment from Carolwood Games LLC (“Carolwood"), an affiliate of Brener Group. The announcement from Sorteo is attached below.
On 30 November 2012, Jumbo announced it is expanding into Latin America and has signed long term exclusive agreements with Sorteo, which holds two national lottery systems and distribution licences in Mexico with Loteria Nacional and Pronosticos, the two largest lotteries in Mexico with combined sales of over US$1.2 billion. In addition, Jumbo announced a strategic investment of US$2 million in Sorteo.
“l welcome the investment by the Brener Group into Sorteo Games as this provides further strength to Sorteo as well as Jumbo's future in Mexico", said Mr Mike Veverka, CEO of Jumbo Interactive Limited. With the Brener Group investment, Jumbo’s shareholding in Sorteo is now 5.6% on a fully diluted basis (6.7% on common stock only).
IMPORTANT NEWS - 12 December 2012
TRADING UPDATE HALF YEAR DECEMBER 2012
Leading interactive lottery business, Jumbo Interactive (ASX: JIN), is pleased to announce that half year Revenue for the six months to 31 December is expected to be between $13.8 to $14.8 million.
Total Transaction Value (TTV) of ticket sales for the same period is expected in the range $58 to $62 million. “Jumbo’s core Australian lottery business continued its strong growth helped by a record $100 million OzLotto jackpot in November, 2012”, said Mr Mike Veverka, CEO of Jumbo Interactive Limited.
“We have invested significantly in our International expansion strategy and are very pleased with the two recently announced landmark deals in the USA and Latin America. These deals validate Jumbo’s products suite and provide access to a combined $64 billion lottery market with a population of 400 million people”, he said.
IMPORTANT NEWS - 30 November 2012
JUMBO EXPANDS INTO LATIN AMERICA THROUGH LANDMARK DEAL IN MEXICO
Leading interactive lottery business, Jumbo Interactive Limited (ASX: JIN) is pleased to announce a significant step forward in its plans to expand into high-growth territories, internationally, with the signing of exclusive long-term agreements with US-based Sorteo Games Inc, a leading provider of electronic lottery systems.
Additionally, Jumbo is making a strategic investment with the acquisition of 6% of issued share capital in Sorteo Games Inc for US$2 million.
Under the terms of the agreement, Jumbo will integrate its technology with Sorteo Games’ distribution platform and become an official internet and mobile retailer of products from Lotería Nacional and Pronósticos, the two largest lotteries in Mexico with combined sales of over US$1.2 billion.
IMPORTANT NEWS - 29 November 2012
Jumbo Expands into USA through joint venture
Leading interactive lottery business, Jumbo Interactive Limited (ASX: JIN), is pleased to announce an important step into the US lottery market with the launch of a joint venture with Retail Gaming Solutions (RGS), a New York based company specialising in physical lottery merchandising and affinity programs.
The move follows Jumbo’s strategy of entering new markets and embracing established lottery retailers by providing interactive solutions to grow lottery sales. The move also gives Jumbo exposure to the $A60 billion North American lottery market with games such as the US Powerball and Megamillions. This week the US Powerball has jackpotted to US$550 million and in March 2012, the Megamillions game jackpotted to US$640 million.
IMPORTANT NEWS - 27 September 2012
Agreement with Tatts Group
Leading interactive lottery business, Jumbo Interactive Limited (ASX: JIN), is pleased to announce the signing of a five year agreement with Tatts Lotteries Northern Territories to provide a supply of popular Australian lottery games for the Company’s flagship website, www.ozlotteries.com
“Jumbo is pleased to extend our strong relationship with the Tatts Group and is looking forward to continuing to develop our successful website www.ozlotteries.com”, said Mr Mike Veverka, CEO of Jumbo Interactive Limited.
IMPORTANT NEWS - 7 September 2012
2012 Annual Report Released and Five New Lottery Products Released at World Lottery Summit
Interactive lottery business, Jumbo Interactive Limited, today released its 2012 Annual Report to shareholders. Jumbo Interactive also has announced the release of five new lottery products at the Montréal World Lottery Summit. These new products represent an important step forward in lottery technology and place Jumbo at the forefront of the expanding internet lottery industry.
“We have unveiled our future vision for the world lottery industry and delivered important new products that tie together traditional and internet lottery sales into one single harmonious sales channel”, said Mr Mike Veverka, CEO of Jumbo Interactive.
The Montréal World Lottery Summit is the lottery industry’s largest annual gathering and this year combines the WLA (World Lottery Association) and NASPL (North American Association of State and Provincial Lotteries) trade shows. Jumbo Interactive has been a proud supporter of both organisations for a number of years.
IMPORTANT NEWS - 3 September 2012
SA Lotteries website launched
Interactive lottery business, Jumbo Interactive Limited, is pleased to announce the launch of a new website sa.ozlotteries.com designed specifically for the South Australian market. A link has been placed on www.salotteries.com.au directing players to this site with proceeds from sales going to SA Lotteries.
“Jumbo and SA Lotteries have worked closely to develop this site specifically for South Australians with very high standards of customer service and solid consumer protections with proceeds going back to the South Australian community”, said Mr Mike Veverka, CEO of Jumbo.
IMPORTANT NEWS - 17 January, 2012
USA GIVES GREEN LIGHT TO INTERNET LOTTERY SALES
- Landmark USA ruling gives green light for Internet lottery sales.
- Jumbo appoints two senior US-based lottery executives to assist in securing contracts with state lottery operators.
- Issues two lots of 500,000 3-year 70c options as incentive.
Leading interactive lottery business, Jumbo Interactive (ASX: JIN), is pleased to announce the appointment of two senior US-based lottery executives to assist in the Company’s efforts to play an integral role in the US$56 billion US lottery market after the US Department of Justice (DOJ) recently gave the green light for Internet lottery sales.
“Jumbo began working with US state lotteries in 2009 in anticipation of the US Department of Justice eventually clarifying the Wire Act and effectively giving US state lotteries the green light for Internet lottery sales”, said Mr Mike Veverka, CEO of Jumbo.
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