Anything is possible with the 2022 renewal. However, you must consider that it is Tatts job (in running the lottery for the state governments) to maximise the revenue back to those governments. If they don't renew reseller contracts then there would definitely be a drop in revenue. Jumbo is Tatts biggest reseller. Sure, some customers might shift over to buy online from Tatts but some individuals (or player groups) may not shift at all. Lottery tickets are not exactly an essential item. Jumbo has done a fantastic job in acquiring customers and getting those customers to buy tickets.
Saas - I think it's possible this part of the business could be a great profit generator, but it's all blue sky at the moment until we see some bigger deals.
PS. Now a 40 bagger for me!!!!
Jackpot, page-46
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Last
$16.36 |
Change
0.190(1.18%) |
Mkt cap ! $1.030B | |||
| Open | High | Low | Value | Volume |
| $16.11 | $16.36 | $15.84 | $3.457M | 213.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 502 | $16.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.36 | 500 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| JIN (ASX) Chart |