Jumbo still looking like a gamble

Jumbo Interactive leaps on news it's renewing its agreement with Tatts Group.

Jumbo Interactive (JIN) is the best performing stock on the Uncapped 100 this morning on news that it has renewed its agreement with Tatts Group (TTS) to resell the latter’s lottery tickets in Victoria for another five years.

The online lottery reseller jumped over 6% in early trade to $1.88, a near two-month high, as worries about Jumbo’s relationship with Tatts eased.

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