Mike Veverka
About Mike Veverka
Mike Veverka, Founder and CEO
Mike Veverka is the Founder, CEO, and Executive Director of Jumbo Interactive, a leading digital lottery company. He founded Squirrel Software Technologies in 1995, which laid the foundation for his future ventures in the e-commerce and lottery sectors.
Mike Veverka's Jumbo Interactive on ASX
In 1999, Mike Veverka listed Jumbo Interactive on the Australian Securities Exchange (ASX), transforming it into an influential e-commerce business. Under his leadership, Jumbo Interactive continually expanded its services and footprint in the digital lottery industry.
Mike Veverka's Digital Lottery Innovations
Mike Veverka has been at the forefront of digital lottery innovations. He initiated the sale of charity art union lottery tickets online in 2001 and acquired Ozlotteries.com in 2005. Between 2013 and 2017, he oversaw the rebuilding of Jumbo Interactive's proprietary digital lottery platform.
Major Agreements and Acquisitions by Mike Veverka
Mike Veverka has successfully negotiated significant agreements, signing five-year deals with NSW Lotteries in 2008 and SA Lotteries in 2011. He also led key acquisitions, including the UK's first External Lottery Manager, Gatherwell, in 2019, and the first Canadian ELM, Stride, in 2021. In 2022, he further expanded UK operations by acquiring the second ELM, StarVale.
Jumbo Interactive Partnerships Guided by Mike Veverka
Under Mike Veverka's leadership, Jumbo Interactive has forged essential partnerships. In 2017, he oversaw Tatts Group Limited taking an equity stake in the company. In 2020, he extended the reseller agreement with Tabcorp for an additional 10 years, ensuring long-term stability and growth for the business.