JIN 5.34% $11.24 jumbo interactive limited

JIN Fundementals, page-36

  1. 27 Posts.
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    yes, what's to say tabcorp sells their stake in jumbo and then throws jumbo under the bus afterwards by terminating the contract? TAB benefits by getting more market share - taking JIN's online customer base. JIN's customers like buying tickets online so they'll move over to tabcorp as it's the only other player in the online space - Tabcorp wins. and it means they won't have to pay jumbo a ~10% commission on each ticket sold as it'll be going directly through tabcorp...
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