The Lottery Corporation
| The Lottery Corporation | |
| Type | Public company |
| Industry | Australian lottery |
| Founded | January 2022 |
| Headquarters | Darwin, Australia and Gold Coast, Australia |
Area served |
|
| Products | Licensed seller of lottery tickets and operator of online lottery products |
| Parent | Global Players Network Pty Ltd (GPN) (2003–present) |
| Website | www |
The Lottery Corporation is an Australian online lottery operator licensed by the Government of the Northern Territory. It allows Australians to play to win from the draws of the largest lotteries in the world, providing access to both international lottery draw products (such as US Powerball and Mega Millions) and internal Australian-operated lottery games (FutureBall). Its parent company, Global Players Network Pty Ltd (GPN), has been licensed and regulated to operate lotteries since 2003.
In May 2022, Tabcorp shareholders approved the scheme of arrangement for the demerger of the Lotteries and Keno business The Lottery Corporation from Tabcorp.[1] The Lottery Corporation commenced trading on the ASX on 24 May 2022. The Lottery Corporation operate the brands The Lott and Keno.[2]
- The Lottery Corporation – formed in 2022 following the demerger of Tabcorp's lotteries and keno business. It is the primary licensed operator in all Australian states and territories except Western Australia, and operates national draw games under The Lott brand, which encompasses Tatts Group, NSW Lotteries, Lotterywest, Golden Casket and SA Lotteries. Online resellers for Tatts Group include Jumbo Interactive and Netlotto.
On 24 May 2022 Tabcorp demerged its lotteries and keno business from its wagering business. The newly formed The Lottery Corporation operates the exclusive lotteries licences previously held by Tabcorp and floated on the ASX on 1 June 2022 with a market value of $10.5 billion.[3]
See also
References
- ↑ "Demerger of The Lottery Corporation approved by Court". Listcorp. 20 May 2022. Retrieved 24 May 2022.
- ↑ "Our Brands". The Lottery Corporation. 24 May 2022. Retrieved 24 May 2022.
- ↑ "New'infrastructure' giant is also a takeover target". Australian Financial Review. 2022-05-25. Retrieved 2022-06-15.
External links
- Australian companies established in 2022
- Gambling companies established in 2022
- Gambling companies of Australia
- Companies based in Darwin, Northern Territory
- Companies based on the Gold Coast, Queensland
- Lotteries in Australia
- Companies listed on the Australian Securities Exchange
- Companies in the S&P ASX 50