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Higher jackpot levels drive Jumbo Interactive revenue growth

7th July 2016 7:21 am GMT

Australian online lotteries operator Jumbo Interactive says it expects to record revenue of AUD$34.0m for its financial year ended June 30th, as a result of its growing customer base and an increased number of jackpots during the year.

Total transaction value (TTV) rose by 19 per cent to $155.0m in the twelve month period, with revenue climbing 16 per cent year-on-year. Of this amount, $17.8m was generated in the first half of the year and $16.2m in the second half.

Jumbo, [...]

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