The Lottery Corporation's First Strategy Day "More Evolutionary, Lower Risk," Says Jarden Research

MT Newswires Live

2024/10/14

The Lottery Corporation's (ASX:TLC) first strategy day as a standalone firm showed a more evolutionary and lower-risk strategy, focusing on its strengths and capabilities, Jarden Research said in a note on Thursday.

The investment and advisory group suggests that the company's greatest valuation opportunities lie in renewing, extending, and retaining its Victorian license, reviewing international expansion, and optimizing its game franchise.

Jarden believes the company can leverage digital customer experience benefits in localized retail channels, the note said.

Jarden maintains a neutral rating and a 12-month target price of AU$5.10 on The Lottery Corporation.

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