BUZZ-Jumbo Interactive shares dip as Morningstar cuts lottery growth forecast

Reuters

2025/12/23

BUZZ-<a href="https://laohu8.com/S/JBINF">Jumbo Interactive</a> shares dip as Morningstar cuts lottery growth forecast

** Shares of Jumbo Interactive JIN.AX fall as much as 0.7% to A$11.07 after brokerage Morningstar lowers lottery turnover growth expectations for 2026

** Morningstar says Lottery Corp's TLC.AX core games, which drive most of the Australian technology firm's revenue through ticket resales, see a 4% decline in sales in the first 24 weeks of the fiscal year

** Analysts at Morningstar cut their full-year forecast for Jumbo's lottery turnover growth to 4%, down from a prior 7%

** Brokerage notes early slowing lottery volumes but anticipates a recovery in 2026 second half, supported by a November 2025 price rise in lottery game Powerball

** Stock trading flat at A$11.155 by 0348 GMT, snapping a four day gaining streak

** Stock down 19.8%, including the day's moves

(Reporting by Roushni Nair in Bengaluru)

((Roushni.nair@thomsonreuters.com))

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11:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-<a href=\"https://laohu8.com/S/JBINF\">Jumbo Interactive</a> shares dip as Morningstar cuts lottery growth forecast</title></head><body><p>** Shares of  <a href=\"https://laohu8.com/S/JIN.AU\">Jumbo Interactive</a> <span>JIN.AX</span> fall as much as 0.7% to A$11.07 after brokerage Morningstar lowers lottery turnover growth expectations for 2026</p><p>** Morningstar says <a href=\"https://laohu8.com/S/LTRCF\">Lottery Corp</a>'s <span>TLC.AX</span> core games, which drive most of the Australian technology firm's revenue through ticket resales, see a 4% decline in sales in the first 24 weeks of the fiscal year</p><p>** Analysts at Morningstar cut their full-year forecast for Jumbo's lottery turnover growth to 4%, down from a prior 7%</p><p>** Brokerage notes early slowing lottery volumes but anticipates a recovery in 2026 second half, supported by a November 2025 price rise in lottery game Powerball</p><p>** Stock trading flat at A$11.155 by 0348 GMT, snapping a four day gaining streak</p><p>** Stock down 19.8%, including the day's moves </p><p>(Reporting by Roushni Nair in Bengaluru)</p><p>((Roushni.nair@thomsonreuters.com))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7078","symbol_name":"賭場與賭博","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251223:nL6N3XT063:1","article_id":"2593715463","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593715463","pubTimestamp":1766461906,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and 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recovery in 2026 second half, supported by a November 2025 price rise in lottery game Powerball** Stock trading flat at A$11.155 by 0348 GMT, snapping a four day gaining streak** Stock down 19.8%, including the day's moves (Reporting by Roushni Nair in Bengaluru)((Roushni.nair@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}