Jumbo provides the perfect solution for growth and innovation for LotteryWest. They're a full paying reseller, who can help to migrate customers, while growing their superior white label product. Providing market solutions like paying with PayPal or Lotto Party etc. A large chuck of our TTV comes in the mad hour before the big $50m+ jackpots. When the customer is the least price sensitive, and can have problems logging into theLott or LotteryWest's apps. Everyone wins with competition, and many customers will have accounts with both operators. WA makes up less than 10% of our TTV and while significant, it's not as big an issue as Vic or NSW.
Today's CEO address mentioned Jumbo negotiating with US State government lotteries, must be imminent. Pointsbet bet has signed multiple US States with Online Sportsbets due the regulation changes, lotteries can't be far behind.
Ann: 1QFY21 Trading Update, page-16
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