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Jumbo Appoints New CFO as Financial Results Climb

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Sharing its financial results for the six-month period ending December 31, 2023, 1H23, Jumbo Interactive also confirmed Jatin Khosla has begun his new role as chief financial officer.

Revenue for 1H23 reached $73.9m, up 18.4% over the 1H22 figure. Underlying EBITDA was also up 15.5% to $35.1m.

Jumbo CEO and founder Mike Veverka said: “1H23 was a tough comparative period with three $100m+ jackpots including a $160m Powerball. We are very pleased with the solid 1H24 revenue growth in lottery retailing despite slightly lower ticket sales and subdued jackpots. Looking ahead, the second half of FY24 has started extremely well with a record $200m Powerball in February, our best draw to date.

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“Despite the final step-up in The Lottery Corporation service fee, disciplined cost management and strong revenue growth resulted in lottery retailing EBITDA margin expansion in the half. Revenue growth from our international subsidiaries was in line with our mid to high single digit growth expectations, with these businesses now representing almost 20 per cent of group revenue.”

Kholsa was announced as the interim CFO last October, but now he officially takes on the role.

Industry Awards

Wicked Games joins as sponsor for the 2025 Casino Guru Awards

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Casino Guru is excited to announce that Wicked Games will be joining the prestigious list of sponsors for the upcoming 2025 Casino Guru Awards, marking an exciting addition to this highly anticipated event. The awards, which celebrate excellence in the iGaming industry, will take place on June 6, 2025, at the Hilton Hotel in St. Julian’s, Malta.
The 2025 edition of the Casino Guru Awards promises to be a night of exceptional recognition, spotlighting those who lead the way in innovation, social responsibility, transparency, and positive influence within the industry. This year’s event will feature an exclusive live ceremony, offering an unparalleled opportunity to connect, celebrate, and raise the bar for the future of iGaming.
A commitment to excellence
Wicked Games joins a distinguished group of sponsors backing the Casino Guru Awards, an event that upholds the values of fairness, responsible gambling, and ethical business practices. By supporting this important initiative, Wicked Games is reaffirming its commitment to pushing for higher standards within the iGaming sector.
“Wicked Games is proud to support the Casino Guru Awards, an event that recognizes those driving transparency, responsibility, and forward-thinking in iGaming. Celebrating the industry’s best and pushing for higher standards is something worth backing, and we’re looking forward to an incredible evening in Malta,” said Karl von Brockdorff, Wicked Games‘ Head of Brand.
A night to celebrate industry leaders
The Casino Guru Awards 2025 will bring together the brightest minds, innovators, and trailblazers in the iGaming industry for a memorable evening of celebration and recognition. With its commitment to responsible gambling and industry leadership, the event is a must-attend for those dedicated to elevating the standards of the iGaming world.
Wicked Games joins other renowned sponsors including PayOp, Medier, BGaming, Evoplay, PIN-UP Global, and Winfinity, who are instrumental in ensuring the success of the Casino Guru Awards 2025.
The Casino Guru Awards 2025 will honor leaders across ten categories, including the newly introduced Players’ Choice and iGaming Changemaker of the Year awards.

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Amusnet Named Content Provider of the Year at the Italian Gaming Awards 2025

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Amusnet has announced that it has been awarded Content Provider of the Year at the prestigious Italian Gaming Awards. The ceremony took place on April 9 as part of the Italian Gaming Expo & Conference (IGE) at the Salone delle Fontane in Rome. This recognition highlights Amusnet’s commitment to delivering top-tier gaming content and maintaining excellence in one of Europe’s most dynamic and competitive markets.

The Italian Gaming Awards celebrate the best in the industry, honouring companies that are shaping the future of gaming in Italy through outstanding products, practices and performance. With over 110 nominees across 21 categories, this year’s event brought together leading operators, suppliers, regulators and public representatives to recognise achievement and leadership across the sector.

“It’s a great honor to be named Content Provider of the Year. This recognition reflects the dedication and passion of our incredible Amusnet Italy team. We remain committed to further strengthening our position in the Italian market by delivering engaging content that enhances the player experience and expanding our strategic partnerships,” said Polina Nedyalkova, Director at Amusnet Italy.

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Voting is open: Boomerang nominated in 2 categories at the AffPapa Awards 2025

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Boomerang is a  contender for Sportsbook Operator of the Year and Bonus Offer of the Year

Boomerang, a rapidly growing global brand behind the annual Golden Boomerang Awards, has been shortlisted for the AffPapa Awards 2025 in 2 categories: Boomerang Bet on Sportsbook Operator of the Year and Boomerang Partners on Bonus Offer of the Year.

Inclusion in the Sportsbook Operator of the Year nomination is a testament to Boomerang’s success in the online betting industry. Over 2024-2025, the brand has achieved great results: the betting segment has grown fivefold (5x), and the number of sports betting offers surged more than 6 times. Six new brands were added to Boomerang’s portfolio in 2024, contributing to an almost 1.5-fold increase in end-users. In addition, Boomerang is the Official Regional Betting Partner of AC Milan, one of the world’s most famous and titled football clubs.

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The Bonus Offer of the Year nomination confirms the high level and detailed elaboration of Boomerang’s bonus policy. Its portfolio includes more than 15 brands, each operating in strict compliance with the Terms and Conditions, including Bonus rules. Boomerang ensures fairness, transparency, and visibility of key bonus information for partners and users. It regularly collects feedback to improve its bonus policy and make it consistent with the expectations of its audience.

Boomerang actively develops community and works on building long-term trusting relationships with partners. This is demonstrated, among other things, by the second annual tournament for affiliate teams – Golden Boomerang Awards 2025. It will run until May 11. The top 30 teams on the leaderboard will be invited to Milan. There, the best of the best will be named, and 11 awards will be presented, including the main one – the Grand Prix.

The voting phase of the AffPapa Awards has started and will run until May 11. Users can choose their favorites in the nominations and influence the final results. Vote on the AffPapa Awards 2025 website. The award ceremony will take place on May 28 in Malaga during the AffPapa – iGaming Club Conference Malaga 2025.

 

About Boomerang

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Boomerang Partners is a rapidly growing global brand offering a wide range of services. Boomerang is the Official Regional Betting Partner of AC Milan and collaborates with women’s football star and influencer Alisha Lehmann. In 2024, it launched the inaugural Golden Boomerang Awards 2024, the first annual global affiliate tournament. Boomerang Partners’ betting segment surged 5x, and gambling — 2x in 2024. Its affiliate program demonstrated a 120% increase in partners, and the number of sports betting offers surged more than 6 times. Six new products were launched by Boomerang in 2024, which contributed to an almost 1.5-fold increase in product users.

Boomerang’s portfolio contains 15+ gambling brands, including sportsbooks. They cover over 35 GEOs and offer a wide range of betting options with favorable odds. These products provide personalized bonuses and 24/7 multilingual support.

The post Voting is open: Boomerang nominated in 2 categories at the AffPapa Awards 2025 appeared first on European Gaming Industry News.

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