Jumbo, a leading digital lottery operator, has announced the extension of its partnership with Mater Lotteries, an Australian-based charity, to continue supporting its lottery program through the Powered by Jumbo (PBJ) software platform. The agreement includes a tiered licence fee structure that recognizes the size and growth of Mater’s lottery program. With Mater being one of the largest and fastest-growing lottery operators in Australia, the extension demonstrates the value that the PBJ software platform brings. The collaboration between Jumbo and Mater has proven instrumental in transforming the lottery program and raising vital funds for health, research, and education services across Queensland.
Continued Support for Mater Lotteries:
Jumbo’s partnership extension with Mater Lotteries ensures the ongoing support of the charity through its PBJ software program. As the first lottery operator to utilize the platform, Mater has experienced significant growth, establishing itself as one of Australia’s leading lottery programs. Jumbo’s CEO and founder, Mike Veverka, expressed delight at the extension, highlighting the value that the PBJ software platform brings to Mater’s growth and fundraising efforts. The partnership will continue to aid Mater in raising essential funds for health services, medical research, and education initiatives across Queensland.
Transformation and Collaboration:
The adoption of Jumbo’s PBJ software platform, combined with the company’s digital lottery expertise and collaborative approach, has been pivotal in transforming Mater’s lottery program. Andrew Thomas, Mater’s executive director, acknowledged the positive impact of the PBJ platform and Jumbo’s contributions, emphasizing how it has helped raise funds for groundbreaking medical research, clinical equipment investments, and the development of the healthcare workforce. The extended agreement solidifies the foundation for continued growth, enabling Mater to sustain its important fundraising initiatives.
Strategic Acquisitions and Licensing:
In November of the previous year, Jumbo successfully completed the acquisition of the StarVale Group, a UK external lottery manager and digital payments business. This strategic move further strengthened Jumbo’s position in the global lottery market and expanded its range of services. Additionally, Jumbo’s Canadian subsidiary, Stride Management Corp, obtained a gaming services provider license in British Columbia in December, broadening its presence in the Canadian market and enhancing its capabilities as a leading gaming solutions provider.
Jumbo’s extended partnership with Mater Lotteries underscores the company’s commitment to supporting charitable organizations and driving growth within the lottery sector. Through its PBJ software platform, Jumbo has played a vital role in transforming Mater’s lottery program, facilitating sustainable fundraising for critical healthcare services, research initiatives, and education programs. The collaboration exemplifies the success of Jumbo’s technology and expertise in the digital lottery space. With recent acquisitions and licensing achievements, Jumbo is poised to further expand its global reach and continue its mission of empowering lotteries to raise funds for important causes. The extended partnership between Jumbo and Mater Lotteries reinforces the positive impact of their collaboration and paves the way for continued success in the future.