Australia
Jumbo Interactive Revenue Up 29% for First Half of 2021-22 Financial Year

Jumbo Interactive Limited has announced that revenue for the first six months of the 2021-22 financial year was up 29% year-on-year to AU$52.8m (US$38.1m).
The Australian lottery business has seen healthy growth across most key performance metrics, including group total transaction value (TTV), which is up 41% year-on-year to nearly AU$328m.
Lottery retailing was the mainstay of Jumbo’s business for H1, delivering AU$46.7m in underlying revenue, though its emerging software-as-a-service (SaaS) and managed services business segments grew considerably.
Revenue from these areas amounted to AU$4m and AU$2.1m for roughly 145% and 41% growth respectively, while SaaS TTV more than doubled year-on-year.
Jumbo attributed its SaaS revenue growth to the scaling up of existing customers in Australia, as well as having a full six months of Lotterywest, with whom it signed a ten-year agreement in late 2020 for its online platform and related services.
Mike Veverka, Founder and CEO of Jumbo Interactive, said: “We are very pleased with the growth that we have achieved this half, across all our operating segments, and the positive momentum across the business.
“Lottery retailing continues to perform exceptionally well, underpinned by the improved jackpot cycle and our focus on player engagement and retention.
“Our SaaS and managed services segments continue to demonstrate good organic growth, with all our Australian SaaS clients contributing on a full run-rate basis.”
-
Asia5 days ago
Digital gaming disruption tackled in 1st AsPac Regulators’ Forum
-
Asia7 days ago
BGCS and BGMS league stages conclude; rising stars set to meet pros in the playoffs
-
Latest News7 days ago
High Roller Technologies and Flows partner to launch player engagement experiences, with technical integration complete in record time
-
Central Europe6 days ago
Football Stats Startup Challenges Multi-Million Company With Free Publication Of Blueprints
-
Latest News7 days ago
The Current State of the German iGaming Market and Its Role in Europe
-
Eastern Europe7 days ago
SYNOT Games Partners with WIN2
-
Latest News7 days ago
DiffusionData Releases Diffusion 6.12
-
Latest News7 days ago
Operator-Exclusive Slots: Do Content Bundles Still Deliver ROI?