Lottery retailer Jumbo Interactive has extended its software licence agreement with charity operator Mater Foundation by an additional six years to November 2028.
Under the deal, Jumbo will continue to support the Australian-based charity through its Powered by Jumbo (PBJ) software program.
Jumbo said that the agreement also includes a scale-based, tiered licence fee structure that recognises the size and growth of Mater’s own lottery program.
“Mater was the first lottery operator to utilise the PBJ software platform and is one of the largest and fastest growing lottery programs in Australia,” Jumbo chief executive and founder Mike Veverka said. “The extension demonstrates the PBJ software platform is adding value and I am delighted that we can continue to help Mater grow and raise vital funds for health, research and education services across Queensland.”
Mater executive director Andrew Thomas added: “The adoption of the PBJ platform along with Jumbo’s digital lottery expertise and collaborative approach have helped transform our lottery program.
“The extension of the agreement provides the foundation for strong and sustainable growth that will raise much needed funds for ground-breaking medical research, investment in world-leading clinical equipment, and developing our healthcare workforce.”
The extended deal comes after Jumbo in November last year completed its acquisition of UK external lottery manager and digital payments business StarVale Group.
Stride Management Corp, the Canadian subsidiary of Jumbo, also secured a gaming services provider licence in British Columbia in December.
