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.
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Author's summary: Jumbo Interactive's UK acquisition drives growth.