A blog on issues affecting Australia's newsagents, media and small business generally.

The most important page from the Tatts Group FY2015/16 Annual Report for newsagents

While I say this is the most important page, the numbers themselves should not be a surprise to regulars here.

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Lotteries

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  1. Amanda

    Just browsed through the Jumbo Interactive Annual Report (OzLotteries.com).

    “The Tatts group supply Jumbo Interactive via a number of reseller agreements”.

    Not sure if I have interpreted this correctly, but Total sales of $155M and revenue of $34.3M.

    So that equates to a 22% commission earnt on selling the same product we are? Seems crazy considering they hold only 12% of the domestic lottery market.

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  2. Shayne

    Amanda, Ozlotteries are allowed to charge a lot more for the same product. eg 18 games for Oz Lotto is $26.10 on Ozlotteries and $23.60 in our stores. This is where the extra profit margain comes from

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  3. Mark Fletcher

    Also, OzLotteries sells other products outside of lotteries.

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  4. Amanda

    So taking what Shayne has explained, they are making 18% on the same ticket, assuming they pay the same price for that ticket.

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