Jumbo Interactive Enters Long-Term Software License Agreement for Queensland Lottery Program

MT Newswires Live
10 hours ago

Jumbo Interactive (ASX:JIN) entered into a long-term software license agreement with the Returned and Services League of Australia (Queensland Branch) regarding the Dream Home Art Union lottery program, according to a Tuesday Australian bourse filing.

Under the agreement, the Queensland branch will transition the lottery onto the enterprise-grade, end-to-end Jumbo digital lottery platform.

The agreement has an initial five-year term starting from the first quarter of fiscal year 2027, with options to extend for up to six more years. The fee structure includes both fixed and tiered components.

A small upfront investment is expected before the start of the services, with some of this expenditure likely to be one-off, per the filing.

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