The Lottery Corporation Limited

TLC

AU0000219529

Casinos & Gaming

Market Closed - Australian S.E. Other stock markets 02:10:11 2024-05-03 am EDT			5-day change	1st Jan Change
4.9 ^AUD	+1.66%		+0.82%	+1.24%

07:35am	China's Appetite for Playing Lottery Increases in March	MT
Apr. 26	NeoGames Closes $1.2 Billion Sale of Company to Luxembourg's Aristocrat Leisure	MT

Intuitive Investments investee gets approval for China PELT expansion

February 27, 2024 at 08:56 am EST

(Alliance News) - Intuitive Investments Group PLC on Tuesday said its investee Hui10 Inc has secured approval to expand with China Sports Lottery.

The London-based life sciences investor said Hui10's operating business, Huishi Dehua, has bagged official authorisation from the National Sports Lottery, alongside contracts with UnionPay, to allow their Points Exchange for Lottery Tickets to be deployed nationally.

According to Intuititve Investments, PELT is a proprietary software technology, integrated within the UnionPay QuickPass Pay platform.

Hui10 is currently signing up UnionPay business clients with a target to acquire 2 million registered PELT users by end 2024, the investor added.

Shares in Intuitive Investments were up 2.0% at 12.95 pence each in London on Tuesday morning.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	INTUITIVE INVESTMENTS GROUP PLC	130 GBX	0.00%	0.00%	329M
	THE LOTTERY CORPORATION LIMITED	4.9 AUD	+1.66%	+0.82%	7.02B

Latest news about The Lottery Corporation Limited

China's Appetite for Playing Lottery Increases in March	01:35am	MT
NeoGames Closes $1.2 Billion Sale of Company to Luxembourg's Aristocrat Leisure	Apr. 26	MT
Moody's Improves Intralot Outlook on Profitability Improvements, Positive Free Cash Flow	Apr. 25	MT
Powerball draws numbers for around $1.3 billion jackpot	Apr. 07	RE
US Powerball jackpot grows to $1.3 billion ahead of Saturday draw	Apr. 06	RE
Cool $1 billion Powerball jackpot up for grabs	Apr. 03	RE
NeoGames Signs 3-Year Contract Extension With SAZKA	Apr. 02	MT
Powerball jackpot grows to $935 million ahead of Saturday drawing	Mar. 30	RE
Rush Street Interactive Teams With Evolution to Bring Online Slots to Delaware	Mar. 28	MT
Evolution Gaming Partners with Rush Street to Enter Delaware Market	Mar. 28	MT
Zeal Network Seeks Squeeze-out of Remaining Lotto24 Shares	Mar. 27	MT
DraftKings' Jason Park to Focus on Jackpocket Integration, AI Projects in New Role, BofA Says	Mar. 26	MT
Jackpots of $1.9 billion up for grabs in two US lotteries	Mar. 25	RE
North American Morning Briefing : Investors Continue to Cheer Reassuring Fed	Mar. 21	DJ
India's 'lottery king' emerges as top political donor in opaque system	Mar. 17	RE
Try your luck in Brussels: shop sells still-sealed unwanted Amazon parcels	Mar. 15	RE
ICF International Secures $58 Million Contract From California State Lottery	Mar. 13	MT
International Game Technology Offers Downbeat Near-Term Revenue Outlook Despite FourthQuarter Growth	Mar. 12	MT
Pollard Banknote Says Awarded Five-Year Primary Contract by Michigan Lottery for Instant Game Tickets	Mar. 11	MT
Pollard Banknote Brief: Says Awarded Five-Year Primary Contract by Michigan Lottery for Instant Game Tickets	Mar. 11	MT
Intuitive Investments' Hui10 progresses Chinese lottery modernisation	Mar. 07	AN
AstraZeneca's breast cancer treatment blocked for NHS use in England	Mar. 05	AN
International Game Technology Signs Agreement to Spin Off and Combine Global Gaming, PlayDigital Businesses With Everi	Feb. 29	MT
International Game Technology to merge two units with Everi in $6.2 billion deal	Feb. 29	RE
Good Life Plus appoints successor to retiring non-executive chair	Feb. 28	AN

Chart The Lottery Corporation Limited

Duration

Period

More charts

Company Profile

The Lottery Corporation Limited is an Australia-based company. The Company operates through two segments: lotteries and keno. The Lott is the brand that unites the Companyâs licensed lottery operations in all states and territories of Australia, except Western Australia, under license arrangements. Its game brands include Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday & Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, and Instant Scratch-Its. Its lotteries products are offered in news agencies, convenience stores, and other retail outlets, online at thelott.com, and through its mobile app. Keno is a random number game with games typically running every three minutes and the chance for customers to win instant prizes and multi-million-dollar life-changing jackpots. Keno is played in venues including hotels, clubs, wagering agencies, casinos, and TABs, as well as online in the Australian Capital Territory.

Sector

Casinos & Gaming

Calendar

2024-08-19 - Q4 2024 Earnings Release (Projected)

Related indices

S&P/ASX 200

More about the company

Income Statement Evolution

More financial data

Ratings for The Lottery Corporation Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4.82 AUD

Average target price

5.407 AUD

Spread / Average Target

+12.18%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Casinos & Gaming

	1st Jan change	Capi.
THE LOTTERY CORPORATION LIMITED	+1.24%	7.02B
EVOLUTION AB	+0.40%	23.35B
DRAFTKINGS INC.	+20.50%	20.47B
GALAXY ENTERTAINMENT GROUP LIMITED	-14.29%	20.24B
SANDS CHINA LTD	-11.38%	19.98B
ARISTOCRAT LEISURE LIMITED	-2.20%	16.18B
CHURCHILL DOWNS INCORPORATED	-0.17%	9.78B
CAESARS ENTERTAINMENT, INC.	-23.55%	7.6B
LA FRANÇAISE DES JEUX	+2.92%	7.2B
MGM CHINA HOLDINGS LIMITED	+50.35%	6.77B

Other Casinos & Gaming

The Lottery Corporation Limited

Equities

TLC

AU0000219529

Casinos & Gaming

Intuitive Investments investee gets approval for China PELT expansion

Stocks mentioned in the article

Latest news about The Lottery Corporation Limited

Chart The Lottery Corporation Limited

Company Profile

Income Statement Evolution

Ratings for The Lottery Corporation Limited

Analysts' Consensus

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Casinos & Gaming