InQueensland

NEWS •⁠ POLITICS •⁠ BUSINESS •⁠ CULTURE

Get InQueensland in your inbox Subscribe

Jumbo's lottery play lifts a big weight from fundraisers

Business

Lotteries platform Jumbo Interactive has signed up two charities, Paralympics Australia and St John’s Ambulance, and launched a managed services business in Australia to operate lotteries.

Print article

Jumbo said it expected to earn about $6.5 million from each of the charities once the structure was in place.

The new division will provide a lottery management service for not-for-profits and include prize procurement, game design, campaign marketing, customer relationship and draw management.

Under the new agreement with the charities, the Brisbane-based Jumbo would launch and operate new lottery games and earn a fee for the provision of services. The fee would be based on a percentage of total transactional value and a share of the profits.

The new division will be an extension of its successful UK-based Gatherwell, which it bought in 2019.

Jumbo would also become an official partner of the Parlalympics Australia team. Both agreements were for four years.

 

 

More Business stories

Loading next article