JIN 0.94% $16.10 jumbo interactive limited

jumbo does tabcorps work re Tatts it sells lottery tickets....

  1. 71 Posts.
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    jumbo does tabcorps work re Tatts it sells lottery tickets. jumbo makes its profit by charging the customer a bit more per ticket. when jumbo sells a ticket Tabcorp gets their full profit, the ticket value less prizes less what they pay the government. If Tabcorp sell the ticket they at least have to maintain the online site, more often the man at the local shop has to make a living those expensive looking machines have to be maintained etc.
    So if jumbo sold all tapcorps tickets I bet tapcorp would make more money, but the buyer would pay more. Add to this Tapcorb own a good Wack of jumbo
    15% maybe, would you sack a bloke who did all your work , gave you all your wages and 15% of his?

    However corporates are corporates, and men are men you never know what they might do.
 
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