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The Lottery Corporation Appoints New CEO to Drive Growth and Innovation

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The Lottery Corporation Appoints New CEO to Drive Growth and Innovation

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The latest update is out from Lottery Corporation Limited ( (AU:TLC) ).

The Lottery Corporation Limited has announced the appointment of Mr. Wayne Pickup as the new Managing Director and Chief Executive Officer, effective from November 24, 2025, pending regulatory approvals. Mr. Pickup, who brings 25 years of international lotteries experience, succeeds Ms. Sue van der Merwe, who is retiring after a distinguished 35-year career. This leadership transition is expected to drive innovation and growth in the Australian lottery market, enhancing value for shareholders and improving customer experiences.

The most recent analyst rating on (AU:TLC) stock is a Hold with a A$5.09 price target. To see the full list of analyst forecasts on Lottery Corporation Limited stock, see the AU:TLC Stock Forecast page.

More about Lottery Corporation Limited

The Lottery Corporation Limited operates in the lotteries industry, focusing on lottery and Keno games. It is a leading operator in Australia and is recognized as one of the best-performing lottery businesses globally.

Average Trading Volume: 4,289,120

Technical Sentiment Signal: Buy

Current Market Cap: A$12.13B

Find detailed analytics on TLC stock on TipRanks’ Stock Analysis page.

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