- Digital lottery company Jumbo Interactive (JIN) has signed an agreement with Deaf Services to host their major fundraiser
- The five-year Software as a Service agreement will see Deaf Services use ‘Powered by Jumbo’ for its Deaf Lottery Australia
- The fundraiser runs seven times a year and funds programs for people of ll ages who are deaf or hard of hearing
- Deaf Services in the third major charity to sign up to use Jumbo’s lottery platform since November
- Shares in Jumbo Interactive are trading 2.74 per cent higher for $19.5 each
Digital lottery company Jumbo Interactive (JIN) has signed an agreement with Deaf Services to host their major fundraiser.
The five-year Software as a Service agreement will see Deaf Services use ‘Powered by Jumbo,’ a personalised version of Jumbo’s digital lottery platform.
Deaf Services run the Deaf Lottery Australia seven times a year to fund programs for people who are deaf or hard of hearing.
Jumbo Interactive operates national and charity lotteries. Its flagship service, Oz Lotteries, processes over $150 million a year.
Since launching its ‘Powered by Jumbo’ software in November 2019, Jumbo has signed three major charities.
“We are excited to welcome Deaf Services, joining Mater Foundation and Endeavour Foundation, to take advantage of the benefits that the Jumbo Lottery Platform provides,” said Founder and CEO of Jumbo, Mike Veverka.
The company is aiming to sell $1 billion worth of lottery tickets through the platform by 2022.
In November, the company announced it would move into the U.K. with the acquisition of Gatherwell.
Shares in Jumbo Interactive are trading 2.74 per cent higher for $19.50 each at 2:36pm.