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The Lottery Corporation Limited (ASX:TLC)

ALERT: Price-sensitive ASX Announcement for TLC
Current share price for TLC : $5.470 0.31 (6.01%)+
Announcement
Release
18 Feb 2026 8:51AM
Price at Release
$5.160
Full Release
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Summary
The Lottery Corporation Limited has announced its 2026 Half Year Results revealing a resilient performance despite a challenging jackpot environment. The company's revenue increased by 2% to $1,815 million, while EBITDA slightly decreased by 0.7% to $367 million. The Lotteries division experienced a reduced turnover of $400 million due to lower jackpot values, particularly affecting Powerball and Oz Lotto. The company's strategy to maintain strong shareholder returns and its focus on digital evolution and regulated local markets are emphasized. The interim dividend remains at 8.0 cents per share, with a payout ratio of 103%. The digital share of lotteries turnover grew to 41.2%, and Keno revenue increased by 7%. The report highlights ongoing cost management, strategic innovation, and capital allocation as key priorities moving forward.
Key Points
  • Revenue increased by 2% to $1,815 million.
  • EBITDA decreased by 0.7% to $367 million.
  • Lotteries division faced a $400 million turnover reduction due to lower jackpots.
  • Interim dividend maintained at 8.0 cents per share with a 103% payout ratio.
  • Digital share of lotteries turnover increased to 41.2%.
  • Keno revenue rose by 7% to $199.3 million.
  • Strategic focus on digital evolution and regulated local markets.
  • Ongoing disciplined cost management and strategic innovation.
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.