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Strong year for Jumbo Interactive as higher jackpots boost revenue

20th August 2018 5:53 am GMT

Sydney-listed online lottery reseller Jumbo Interactive has reported a 23 per cent increase in revenue to AUD$39.8m for its financial year ended June 30th.

The company benefited from continued improved customer activity and a greater number of sizeable jackpots in Australia, which contributed to a 26 per cent rise in Total Transaction Value to $183.1m.

Jumbo said that large jackpot activity remained an important driver of sales, with 32 large jackpots with an aggregate value of $910m recorded during [...]

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