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 and helped reinvigorate the industry with its innovative technology and interactive marketing on display at OzLotteries.com
Revenue has tripled over 3 years to $76 million and net profit after tax has reached a record $4.8 million for FY2011. Jumbo Interactive also plays an important role in helping fund many government social initiatives such as Veteran care, schools and health. Over $15 million of additional government duties were raised in FY2010 and another $17 million in FY2011.
This growth has not only benefited our lottery partners and suppliers, but also thousands of Jumbo Interactive shareholders around the world.
IMPORTANT NEWS - 02 May 2012
Profit Upgrade
Leading interactive lottery business, Jumbo Interactive (ASX: JIN), is pleased to announce a full year Net Profit After Tax guidance in the range $5.9 to $6.2 million for FY 2012, an increase of 23% to 29% over the previous year.
Revenue is expected in the range $94 to $98 million for FY 2012, an increase of 24% to 29% over the previous year.
This growth is driven by a continually growing customer database combined with recent run of large jackpots. The customer database recently exceeded 1 million accounts and has continued to grow from successful interactive marketing initiatives and social media. The recent $50 million OzLotto jackpot drove sales during April and the $70 million OzLotto jackpot will give May a strong start.
IMPORTANT NEWS - 04 April 2012
Investor Update
Jumbo CEO Mike Veverka Presents to the Wholesale Investor Showcase in Brisbane.
Summary:
- Growth market for lotteries on Internet
- 12 years experience in Internet lotteries
- Profits and Dividends
- International expansion plans
Recent Articles - 25 April, 2012
By CEO Mike Veverka
25 April 2012 - La Fleur's Lottery Symposium, Washington, D.C. and OzLotto finally reaches $50 million
The La Fleur's Lottery Symposium has just concluded in Washington, D.C. and discussions centred once again around Internet Lotteries.
15 sessions were devoted to the topic and ranged from legislative issues, strategies, ideas and updates from many of the state lotteries.
2 April 2012 - Lottery Hysteria Sweeps the USA with a World Record $640 Million Prize
This hysteria even spilled overseas with the event making the news worldwide and even helped drive sales in our $21 million Megadraw on Saturday night.
29 March 2012 - US Mega Millions Reaches a Staggering $500 million Jackpot
Mega Millions have announced the largest ever US jackpot in history at a staggering $500 million.
26 March 2012- The SmartTech Lottery Summit
The SmartTech Lottery Summit in New York has just concluded and Jumbo Interteractive CEO Mike Veverka was pleased to be able to present Jumbo to a packed room
of over 200 lottery executives.
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.
IMPORTANT NEWS - 29 December, 2011
AGREEMENT WITH SA LOTTERIES
Leading interactive lottery business, Jumbo Interactive (ASX: JIN), is pleased to announce the signing of a 5 year agreement with SA Lotteries to provide a supply of popular Australian lottery games for the Company’s flagship website, www.ozlotteries.com.
“Jumbo is pleased to be working with SA Lotteries as an additional lottery supplier to our successful website www.ozlotteries.com”, said Mr Mike Veverka, CEO of Jumbo Interactive Limited.
“SA Lotteries has established an agreement with Jumbo that will ensure South Australians have access to a very high standard of customer service and solid consumer protections, through this online channel, with proceeds going back to the South Australian community”, said June Roache, Chief Executive of SA Lotteries.
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