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Jumbo Interactive Limited ( (AU:JIN) ) has provided an announcement.
Jumbo Interactive Limited has announced a long-term software license agreement with RSL Queensland to support its Dream Home Art Union lottery program, Australia’s largest prize home lottery. The agreement will transition the lottery onto Jumbo’s enterprise-grade digital lottery platform, enhancing customer engagement and innovation. This partnership strengthens Jumbo’s position in the domestic B2B charity lottery sector and is expected to drive growth and support for veterans and their families.
The most recent analyst rating on (AU:JIN) stock is a Buy with a A$13.00 price target. To see the full list of analyst forecasts on Jumbo Interactive Limited stock, see the AU:JIN Stock Forecast page.
More about Jumbo Interactive Limited
Jumbo Interactive Limited is a digital lottery specialist that provides proprietary lottery software platforms and management expertise to charity and government lottery sectors both in Australia and globally. Founded by CEO Mike Veverka in 1995, the company has grown into a leading digital lottery retailer and software provider, with over 250 employees across Australasia, the UK, and Canada. Jumbo was listed on the ASX in 1999 and aims to create positive social impact by making lotteries more accessible.
Average Trading Volume: 274,346
Technical Sentiment Signal: Buy
Current Market Cap: A$703.3M
For a thorough assessment of JIN stock, go to TipRanks’ Stock Analysis page.