Business
Why the Jumbo (ASX:JIN) share price is rising again today
The Jumbo Interactive Ltd (ASX: JIN) share price is inching higher today after the company announced it has secured a software licence approval in Great Britain. At the market open, the Jumbo share price originally jumped to $14.10 before retreating to $13.92 at the time of writing for a 0.07% gain so far today. This compares to S&P/ASX 200 Index (ASX: XJO) which is down 0.25% to 6,677 points in intraday trading.
What did Jumbo announce?
The Jumbo share price is creeping up following the company’s report that the Gambling Commission approved and issued a remote gambling software operating licence.
Jumbo will now begin to supply its software-as-a-service (SaaS) platform to licenced operators under the Gambling Commission’s…
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