Diversification Drives Jumbo Growth Outlook
The share market has signaled approval of Jumbo Interactive's UK acquisition as management diversifies away from lottery retailing.
- Jumbo Interactive acquires Dream Car Giveaways in the UK
- FY26 guidance unchanged, forecasts raised
- Lower future volatility anticipated around jackpots
- Synergies via Oz Lotteries platform & UK B2C
Shares in digital lotteries marketing business Jumbo Interactive have rallied sharply, reflecting market confidence in management’s strategy to accelerate growth while broadening revenue and earnings streams.
Management diversifies away from lottery retailing
Author's summary: Jumbo Interactive's UK acquisition drives growth outlook.