Tag Archives: David Attenborough.

Tabcorp governance faces investor pressure with regards to executive pay & merger voting process

Australian business news sources have reported that a number of Tabcorp investors have expressed disappointment with regards to executive compensation at the firm’s ‘annual general meeting’ (AGM). Although the majority of Tabcorp investors’ voted in favour of increasing CEO David Attenborough’s pay package, it has been reported that 22% of votes cast were against the motion, falling just short of …

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Tabcorp strengthens technical capabilities with INTECQ acquisition

Australian gambling operator Tabcorp Holdings has today confirmed that it has acquired ASX-listed gaming systems and technology provider INTECQ Limited for AUS $128 million (£74 million). The acquisition sees Tabcorp strengthen its technical and operational capabilities by acquiring INTECQ systems (formerly eBet Gaming) specialists in gaming business intelligence tools and player loyalty reward programmes. INTECQ currently services 1200 licensed venues …

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Unfavourable sporting results impact Tabcorp 2016 performance

Unfavourable sporting results have impacted Australian gambling operator Tabcorp’s nine-month corporate update (period ending 31 March). Issuing a market release, Tabcorp governance detailed that the company had seen revenue growth in all its core divisions; ‘Wagering & Media’ ‘Gaming Services’ and ‘Keno’, with the operator posting a 1% increase in revenues to AUS $1.4 billion. Higher customer engagement had seen Tabcorp …

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Will Tabcorp and News UK launch Sun Bets within six months?

It has been reported that Australian betting company Tabcorp is scheduled to launch Sun Bets, in partnership with Rupert Murdoch’s News UK, within the next six months. Chief Executive at Tabcorp, David Attenborough, had this to say: “It is a natural step for us. We have worked with News Ltd. closely in Australia and built up a high degree of trust. They have one …

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Tabcorp maintains wagering & revenue performance despite tough Q3 comparative period

Tabcorp governance stated that it was pleased with corporate performance, as the Australian operator maintained bet wagering levels in-line with 2014’s corresponding period which featured the FIFA 2014 World Cup. Issuing a Q3 2015 trading update, Tabcorp detailed that wagering turnover had been maintained at AUS $3.1 billion (£1.5 billion). Tabcorp’s maintained wagering activity would record a group revenue increase …

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Tabcorp tops Dow Jones Sustainability Index

Tabcorp has again been named the global gambling industry leader in the annual assessment for the Dow Jones Sustainability Index (DJSI). Today’s announcement means Tabcorp has been ranked global gambling industry leader for 10 of the past 11 years, elevating it above other Australian and international wagering, casino and lottery operators. The DJSI assesses the performance of the world’s leading …

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AUSTRAC charges Tabcorp with failed anti-money laundering compliance

AUSTRAC, the Australia financial intelligence unit is charging Tabcorp with failure to comply with anti-money laundering and counter terrorism financing laws. The penalty placed by the finance body, could see Tabcorp charged with an AUS $17 million fine, for failing to meet Australian anti-money laundering compliance laws and practices. AUSTRAC has stated to Australian media that it has gained a …

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Tabcorp enters eSports market with Unikrn partnership

Australian gambling operator Tabcorp is set to enter the burgeoning esports market, by announcing a global partnership with eSports entertainment provider Unikrn. The partnership will see the launch of  a new eSports platform  where gamers can placy and safely bet on organized, sanctioned multi-player video game competitions from around the world. At launch, Unikrn will provide access to live viewing, live discussions …

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