Tabcorp Gaming Solutions

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    Tabcorp halts CEO search, announces strategic review

    Tabcorp says it’s taking time to carry out a strategic review of its businesses to extract more value for shareholders after receiving unsolicited bids for its wagering and media business, which it says were too low.

    Tabcorp rejects offers for media business as too low

    Tabcorp Holdings said it views the unsolicited approaches for its wagering and media business are too low. The proposals, including an offer from the U.K.'s Entain, were for $3 billion.

    Tabcorp H1 profit falls 7% on Covid impact

    Tabcorp said its first half net profit after tax fell 7 percent to A$185 million, while revenue declined 1.5 percent, "primarily due to Covid-19 impacts."
    Australia turns up the heat on gambling companies

    Australia turns up the heat on gambling companies

    Australia is again turning up the heat on gambling companies, this time with a bill that will make them responsible to compensate victims of players who used funds obtained illegally.

    Australian gambling increased under Covid despite lack of venues

    Australian's gambled more during the Covid-19 outbreak, despite a lack of access to venues, with the proportion who gambled four or more times a week increasing from 23 percent to 32 percent, according to the Australian Gambling Research Centre.

    Tabcorp FY revenue up 8.7 percent on lottery/keno

    Tabcorp posted an 8.7 percent increase in revenue in the first full year after combining with Tatts Group, with a strong contribution from its lottery and keno division.

    Tabcorp gathers all gaming services businesses under MAX brand

    Australian gaming giant Tabcorp has announced a new single identity for its Gaming Services business, with the aim of simplifying the integration of services and delivery across venues, The Shout reports. Revealed at the Australasian Hospitality and Gaming Expo in Brisbane last week, the refreshed gaming services identify will bring together Tabcorp’s MAX, eBET, Tabcorp […]

    Tabcorp posts 28.1 percent decline in profit in FY17H1

    Australian wagering giant Tabcorp Holdings Ltd posted narrowed net profit in the first half of the 2017 financial year, down 28.1 percent to A$58.9 million (US$4.5 million). According to the company’s filing to the Australian Stock Exchange on Thursday, the results, which were below expectation, were largely attributed to significant terms after tax caused by […]