The Lottery Corporation Limited (TLC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and thank you for joining. I'm Wayne Pickup, the CEO of the Lottery Corporation. With me today are our CFO, Adam Newman, and Chief Commercial Officer, Cullum Mulvihill. We'll run through the investor presentation lodged with the ASX and take any questions you have. I've now been with the business just under three months after relocating from Chicago. Let me firstly share with you some of the observations I've had so far on slide four. Many of these are the same things that attracted me to join the company in the first place. The Lottery Corporation is a global leader. We have exceptional assets, household brands millions of Australians engage with, and an unmatched licence portfolio. The balance sheet is strong. That gives us options and it has supported consistent shareholder returns. The culture is also strong. There's great people here, and that's not always a given. This is supported by capable leadership and teams that understand their business and their customers. I've spent time with our technology teams, our commercial teams, and our contact centre, listening to how we serve and interact with customers. I've spent time in lottery outlets across the eastern seaboard, from news agents in central Melbourne to pubs and clubs in regional Queensland. It's clear we have an engaged workforce and a strong retail network. So I'm starting from a position of strength but there is upside ahead and that's what energises me about the opportunity. Our strategy has served the company well but we can unlock more value and going forward we have three focus areas as outlined on slide five. The first is accelerating our evolution as a digital entertainment company. This is evolution, not revolution. It's about embedding technology across the enterprise, modernising p...