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Jumbo profits from Australian lottery growth

17th February 2016 11:00 am GMT

Sydney-listed online lotteries operator Jumbo Interactive has reported a 21 per cent increase in revenue to AUD$17.8m for its financial half year ended December 31st, with the company’s Australian online lottery business contributing most of the total.

Total ticket sales (total transaction value TTV) were up 22 per cent to $81m following a good run of OZ Lotto and Powerball jackpots, 24 compared to 18 a year ago, and growing customer numbers.

The Australian online lottery business, through [...]

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