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Lottoland takes stake in Australian lottery operator Jumbo Interactive

Firm acquires more than three million shares - a 7.1% holding, CEO Nigel Birrell says firm wants to accelerate growth Down Under

Lottoland has invested in Australian lottery operator Jumbo Interactive with the firm snapping up more than three million shares for a 7.1% holding, EGR Intel can confirm. Recent local reports had suggested Lottoland was the mystery Jumbo investor, but today EGR Intel can reveal the firm has acquired 3,117,224, valued at approximately AUS$7.5m (£4.5m). Speculation…

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