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Lottery Corporation Limited ( (AU:TLC) ) has issued an announcement.
The Lottery Corporation Limited reported a resilient performance in the first half of 2025 despite facing below-average jackpot outcomes, with revenue decreasing by 5.6% to $1.8 billion. The company emphasized its strong balance sheet and cash flow, enabling an interim dividend of 8.0 cents per share. Strategic innovations, such as the new Friday Weekday Windfall lottery, contributed over $50 million in incremental turnover, while plans for further game changes are underway. The company has returned $1.2 billion to governments and retail businesses, highlighting its commitment to stakeholders.
More about Lottery Corporation Limited
The Lottery Corporation Limited operates within the gaming industry, focusing primarily on lottery products. The company offers a diversified portfolio of lottery games and is known for its customer-focused innovation, with a market presence that includes strong digital engagement.
YTD Price Performance: 0.61%
Average Trading Volume: 3,265,814
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$11.06B
For a thorough assessment of TLC stock, go to TipRanks’ Stock Analysis page.