Annual General Meeting - September 2011
Sep 19, 2011
ASX RELEASE – Monday, 19 September 2011
Date: Tuesday, 8 November 2011 Time: 5:00pm Venue: Lady Thiess Room Customs House 399 Queen Street Brisbane Queensland The board looks forward to meeting with shareholders to discuss the Company’s current performance and future prospects.
About Jumbo Interactive The Company recently released results for FY 2011 with revenue reaching $76 million and net profit after tax a record $4.8 million. A fully franked 1.0c dividend was paid for that year. In 2000, the Company sold its first lottery ticket on the Internet and since then has developed www.ozlotteries.com into a popular place for lotteries to be played. Jumbo has proven its ability to open up new lottery markets with its innovative technology and Internet marketing initiatives that have brought lotteries to new demographics via the Internet. International markets are key targets for the Company, in particular the $60 billion North American and $110 billion European lottery markets. The US market has not yet moved to the Internet due to federal regulations that are currently under review. www.ozlotteries.com plays an important role in the Australian lottery industry with over $17 million in additional State Government revenue raised from sales in 2011 and $15 million in 2010.
For further information: Mike Veverka CEO and Executive Director Ph: 07 3831 3705