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Tabcorp shareholders to vote on proposed demerger of lottery business

Australian wagering giant Tabcorp is set to hold a special meeting to allow its shareholders to vote on a scheme of arrangement for the proposed demerger of its lottery business.

Tabcorp loses Victoria Keno exclusivity, but gets online bonus with first omni-channel license

Tabcorp has lost its exclusivity to run Keno in the Australian state of Victoria, but under its new license will be able to offer the game through digital as well as retail channels.

Tabcorp 1HFY22 wagering performance impacted by retail closures

Australia-listed Tabcorp said its wagering arm was heavily impacted by Covid-19 related retail closures and increased digital marketing and promotional spend during the six months ended December 31, 2022. 

Tabcorp gets warning from ACMA for breaching in-play betting laws

Australian wagering giant Tabcorp has been issued a formal warning for accepting 37 illegal online in-play bets in January.

Tabcorp announces planned appointments for its demerged businesses

Tabcorp announced its proposed executive and board lineup for its Lotteries & Keno and its Wagering & Gaming businesses.

Tabcorp announces formal appointment of Janette Kendall as non-exec. director

Australia's Tabcorp said it has received all approvals for the appointment of former Galaxy Entertainment Director Janette Kendall as non-executive director.

Tabcorp grows lotteries, wagering, and media in FY21

Tabcorp reported strong operational results in the FY21 full year, driven by record profits in lottery and improved performance from its wagering and media arm.

Lotteries and Keno key value drivers for Tabcorp: J.P. Morgan

Tabcorp's lotteries and Keno division may be worth between $9.4 billion and $12.4 billion, dwarfing the value of its wagering and media division, which is seen as facing multiple headwinds, according to analysts at J.P. Morgan.

Tabcorp chairman denies move to demerging lottery business due to flagging confidence

The chairman of Tabcorp has told media that his decision to take the helm of the company's lotteries entity does not have to do with a lack of confidence in Tabcorp's wagering and media arm

Tabcorp rejects wagering bids, to spin off lotteries arm

Australia's largest gambling operator Tabcorp is signalling that it is open to higher takeover bids for its wagering division, after rejecting multiple earlier proposals.