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Jumbo Enters into New SaaS Agreement with RSPCA Queensland

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Jumbo Interactive Limited announced that it has entered into a software license agreement with RSPCA Queensland (RSPCA) for the RSPCA national lottery programme.

The current RSPCA national lottery programme generates ~$10m in annual ticket sales. These funds are essential to keeping charities like RSPCA Queensland operating as they are 95.5% community-funded.

Jumbo CEO and Founder, Mike Veverka, said: “We’re very excited to be working with the RSPCA, an iconic brand in Australia, to help it digitally transform and grow their lottery program, and continue to provide lifesaving animal welfare services across Australia.”

RSPCA Queensland Chief Executive Officer, Darren Maier, said: “Growing our supporter base is vital for us to continue to deliver our operations and programs that see us care for and protect over 42,000 animals in Queensland every year. Jumbo’s best-in-class lottery software and demonstrated experience in growing lottery programs were instrumental in the establishment of this strategic partnership.”

The agreement includes a license fee structure in which Jumbo’s SaaS segment will receive a service fee for RSPCA’s utilisation of the “Powered by Jumbo” (PBJ) platform and an additional service fee for select technology-enabled services. The overall service fee will be calculated as a percentage of gross ticket sales from the RSPCA national lottery programme and will be in the mid to high-single digit range, reflecting the scale of the lottery programme.

The agreement is for a three year term with an option to extend for a further three years. The RSPCA national lottery programme is expected to transition to the PBJ platform in 1QFY25.

In addition, Jumbo has entered into a product reseller agreement with RSPCA, facilitating the sale of RSPCA lottery tickets on ozlotteries.

Australia

ACMA Blocks More Illegal Offshore Gambling Websites

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The Australian Communications and Media Authority (ACMA) has requested that Australian internet service providers (ISPs) to block more illegal offshore gambling websites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.

The latest sites blocked include A Big Candy, Jackpoty and John Vegas Casino.

Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 995 illegal gambling and affiliate websites have been blocked.

Over 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal offshore gambling rules in 2017.

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Australia

Tabcorp Appoints Gillon McLachlan as MD & CEO

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Australian gambling services firm Tabcorp Holdings has appointed former Australian Football League (AFL) boss Gillon McLachlan as its chief executive and managing director.

The appointment comes months after former chief Adam Rytenskild resigned over allegedly using “offensive” and “inappropriate” language at the workplace and as the firm navigates a strategic transformation amid heightened competition pressures.

McLachlan was the AFL chief executive for a decade during which he contributed to significant revenue growth and oversaw its expansion.

He will join Tabcorp on Aug. 5 and assume the roles of CEO and MD upon receiving regulatory approvals, the company said. He will receive an annual fixed remuneration of AU$ 1.5 million.

“In the two years since demerger, we have significantly improved our customer offering and delivered key structural reforms in Queensland and Victoria,” Tabcorp Executive Chairman Bruce Akhurst said.

“Gill brings an added dimension of having been responsible for some of the most significant media rights deals in Australian sports history and we’re excited about the potential growth opportunities for our wagering and media business under his leadership,” Bruce Akhurst added.

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Australia

BetMakers Appoints Carl Henschke as its New Chief Financial Officer

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BetMakers Technology Group Ltd, the leading global B2B provider of technologies and services that simplify betting at critical points in wagering, announced the appointment of Mr Carl Henschke as its Chief Financial Officer (CFO), effective 1 July 2024.

Mr Henschke brings over 17 years of experience in financial services, capital markets and legal sectors to BetMakers. He began his career as a solicitor in the corporate team at Herbert Smith Freehills, and for the past decade, he has worked as an investment banker. Most recently he served as Managing Director at Canaccord Genuity, focusing on software and digital businesses, including those in the wagering and betting sector. Mr Henschke’s expertise encompasses financial planning and analysis, strategy, capital management and M&A.

BetMakers CEO Jake Henson said: “We are delighted to welcome Carl as the company’s new CFO. His extensive financial expertise and deep understanding of high growth technology companies make him an ideal fit for BetMakers. Carl’s experience will be important as we continue to refine our operational efficiencies, expand our global presence, and enhance shareholder value.”

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