{"id":136,"date":"2024-06-15T14:18:38","date_gmt":"2024-06-15T11:18:38","guid":{"rendered":"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/"},"modified":"2024-06-17T14:51:20","modified_gmt":"2024-06-17T11:51:20","slug":"jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth","status":"publish","type":"post","link":"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/","title":{"rendered":"Jumbo Interactive Reports Soaring Revenue in Late 2022 Driven by Lottery and SaaS Growth"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/WRBm_sEPlJg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A major Australian digital lottery firm, Jumbo Interactive, witnessed a substantial revenue surge in the latter half of 2022, ending December 31st with AU$52.8 million (roughly US$38.1 million). This signifies a 29% upswing compared to the corresponding period the previous year.<\/p>\n<p>This remarkable financial outcome stemmed from expansion across all crucial indicators, particularly the overall transaction worth (TTV), which escalated by 41% year-over-year, approaching AU$3.28 billion.<\/p>\n<p>Although lottery retail persists as the company&#8217;s principal income stream, generating AU$46.7 million, Jumbo&#8217;s burgeoning Software-as-a-Service (SaaS) and Managed Services divisions also registered considerable growth.<\/p>\n<p>SaaS and Managed Services revenue hit AU$4 million and AU$2.1 million accordingly, marking year-on-year leaps of approximately 145% and 41%. Notably, SaaS TTV more than doubled within this timeframe.<\/p>\n<p>Jumbo ascribes the rise in its SaaS revenue to the enlargement of its current Australian clientele, alongside the successful implementation of a decade-long contract with Lotterywest for supplying an online platform and associated services.<\/p>\n<p>Intriguingly, the initial six months of 2022 observed 23 Powerball\/Oz Lotto top prizes matching or surpassing AU$15 million, contrasted with 15 in the parallel period of 2021. The mean worth of these jackpots also climbed by 11%.<\/p>\n<p>Mike Veverka, Jumbo Interactive&#8217;s originator and CEO, conveyed his contentment with the company&#8217;s achievements, remarking, &#8220;We are highly delighted with the expansion attained across all operational segments in the first half and the favorable momentum throughout the business.&#8221; <\/p>\n<p>Lottery sales have experienced remarkable expansion, fueled by enticing prize pools and our commitment to fostering player involvement and repeat participation.<\/p>\n<p>&#8220;In Australia, our entire SaaS clientele has transitioned to our platform, marking a significant milestone. This achievement has been a primary catalyst for consistent, natural revenue increases within our software and managed services sector.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A major Australian digital lottery firm, Jumbo Interactive, witnessed a substantial revenue surge in the latter half of 2022, ending December 31st with AU$52.8 million (roughly US$38.1 million). This signifies a 29% upswing compared to the corresponding period the previous year. This remarkable financial outcome stemmed from expansion across all crucial indicators, particularly the overall [&hellip;]<\/p>\n","protected":false},"author":109,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jumbo Interactive Hits Jackpot: Revenue Soars 29% in 2022<\/title>\n<meta name=\"description\" content=\"Australian digital lottery giant Jumbo Interactive saw its revenue skyrocket by 29% in the second half of 2022, reaching a whopping AU$52.8 million! 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Discover the driving forces behind this impressive growth!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T11:18:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T11:51:20+00:00\" \/>\n<meta name=\"author\" content=\"Athena &quot;Astra&quot; Sinclair\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Athena &quot;Astra&quot; Sinclair\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/\"},\"author\":{\"name\":\"Athena \\\"Astra\\\" Sinclair\",\"@id\":\"https:\/\/tashirodc.com\/#\/schema\/person\/c8c3a62b69017a5fc879d27a60233b55\"},\"headline\":\"Jumbo Interactive Reports Soaring Revenue in Late 2022 Driven by Lottery and SaaS Growth\",\"datePublished\":\"2024-06-15T11:18:38+00:00\",\"dateModified\":\"2024-06-17T11:51:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/\"},\"wordCount\":292,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/tashirodc.com\/#organization\"},\"articleSection\":[\"Gambling\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/\",\"url\":\"https:\/\/tashirodc.com\/2024\/06\/15\/jumbo-interactive-reports-soaring-revenue-in-late-2022-driven-by-lottery-and-saas-growth\/\",\"name\":\"Jumbo Interactive Hits Jackpot: Revenue Soars 29% in 2022\",\"isPartOf\":{\"@id\":\"https:\/\/tashirodc.com\/#website\"},\"datePublished\":\"2024-06-15T11:18:38+00:00\",\"dateModified\":\"2024-06-17T11:51:20+00:00\",\"description\":\"Australian digital lottery giant Jumbo Interactive saw its revenue skyrocket by 29% in the second half of 2022, reaching a whopping AU$52.8 million! 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