Jumbo Interactive has signed a new software licence agreement with RSPCA Queensland for the RSPCA national lottery program.

The lottery program currently generates AUD$10 million (€6.1 million) in annual ticket sales, helping to finance the activities of the publicly funded animal welfare charity.

Under the terms of the agreement, Jumbo’s SaaS arm will receive a mid to high-single-digit percentage share of gross ticket sales from the RSPCA national lottery program.

The agreement is for an initial three year term and includes a three year extension option.

The RSPCA national lottery program is expected to migrate to the Jumbo platform in the first quarter of its 2025 financial year.

“We’re very excited to be working with the RSPCA, an iconic brand in Australia, to help it digitally transform and grow its lottery program and continue to provide lifesaving animal welfare services across Australia,” said Jumbo CEO and founder Mike Veverka.

RSPCA Queensland chief executive Darren Maier added: “Growing our supporter base is vital for us to continue to deliver our operations and programs that see us care for and protect over 42,000 animals in Queensland every year.

"Jumbo’s best-in-class lottery software and demonstrated experience in growing lottery programs were instrumental in the establishment of this strategic partnership.”

Shares in Jumbo Interactive Ltd. (ASX:JIN) closed 1.52 per cent lower at AUD$16.83 per share in Sydney Thursday.

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