Jumbo finds insurer for $1m lottery 14:00, Monday, 13 November...

Jumbo finds insurer for $1m lottery
14:00, Monday, 13 November 2006

Sydney - Monday - November 13: (RWE Australian Business News) -
Jumbo Corp (JUM) lottery division has secured an insurance policy from a
major international insurer for a $1 million lottery.
The effect of this is that a new game can be released offering a
$1 million prize which will be underwritten by the insurer.
"Securing an insurance policy is a major step towards elevating
our own lottery games to international standards without the risk of
paying out $1 million." said Mr Mike Veverka, CEO of Jumbo Corp.
"We are now planning to release a new online game with a $1
million first prize marketed to International players."