I could be wrong but my interpretation of the announcementis:
New whitelabel Lotterywest branded site powered by Jumbo SaaS to take over existingJumbo WA players (circa $33 million TTV for FY20). Existing Lotterywest siteremains. So, 2 Lotterywest brand websites selling at different prices.
Lotterywesthas the option to transition White Label players from the new Jumbo poweredsite to the original Lotterywest website and app 12 months from the date ofcustomer transfer to the White Label platform (effective from December 2020).
It seems allplayers could eventually be transitioned to the original Lotterywest site fromthe Jumbo powered site.
It wouldtherefore be a choice for Lotterywest as to which site they ultimately prefer& then encourage players to their choice bearing in mind tickets arecheaper on the original site.
So, it seemspresently impossible to determine whether this is beneficial to Jumbo or not,especially with no info on fees to be received. Clearly, if customers aretransitioned away, it is not beneficial.
- Forums
- ASX - By Stock
- Ann: Term sheet signed with Lotterywest
I could be wrong but my interpretation of the announcementis:New...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
Add JIN (ASX) to my watchlist
|
|||||
Last
$16.70 |
Change
0.400(2.45%) |
Mkt cap ! $1.051B |
Open | High | Low | Value | Volume |
$16.40 | $16.72 | $16.28 | $3.042M | 183.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 475 | $16.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.72 | 1975 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 847 | 16.360 |
1 | 550 | 16.200 |
1 | 1200 | 15.950 |
1 | 50 | 15.900 |
2 | 1130 | 15.850 |
Price($) | Vol. | No. |
---|---|---|
16.720 | 1500 | 1 |
17.000 | 1000 | 1 |
17.120 | 321 | 1 |
17.170 | 1233 | 1 |
17.500 | 153 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
JIN (ASX) Chart |