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Record year for Jumbo as lottery players embrace online and mobile

24th August 2016 6:27 am GMT

Sydney-listed online lotteries provider Jumbo Interactive has posted its highest profit in four years as revenue reached a record AUD$34.3m for its financial year ended June 30th.

The company said that it benefited from strong growth in its Australian lottery business, due to improved customer activity and a good run of jackpots.

Total transaction value (TTV) rose 20 per cent to an all-time high of $155.7m during the year, with revenue climbing 18 per cent to $34.3m. [...]

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