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The Lottery Corporation Limited (ASX:TLC)

ALERT: Price-sensitive ASX Announcement for TLC
Current share price for TLC : $5.060 -0.1 (-1.94%)+
Announcement
Release
18 Feb 2026 8:52AM
Price at Release
$5.160
Full Release
download
Summary
The Lottery Corporation Limited has reported its half-year financial results, focusing on the performance of its lottery and Keno operations. During the first half of the financial year 2026, the company experienced a 2% increase in group revenue compared to the prior corresponding period, driven by a 7% growth in Keno revenue, despite a slight decline in lottery revenue. Key highlights include strong retail turnover growth and digital engagement, particularly for Keno Mega Millions due to a successful jackpot run. The company maintained a resilient performance even amid unfavourable jackpot outcomes for Powerball and Oz Lotto. Strategic initiatives for the year include enhancing the digital customer experience, exploring new products, and optimizing the company's brand positioning. The presentation concludes with a focus on sustainable growth and cost management.
Key Points
  • 1H26 group revenue increased by 2% compared to 1H25.
  • Keno revenue grew by 7%, while lottery revenue slightly decreased.
  • Strong retail turnover growth in all states for Keno.
  • Digital engagement continued to grow despite challenging jackpot conditions.
  • Jackpot games Powerball and Oz Lotto experienced unfavourable outcomes.
  • Strategic initiatives focus on digital transformation and new product opportunities.
  • Resilient financial performance despite challenging conditions.
  • Focus on sustainable growth and prudent cost management.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.