Tag Archives: david attenbourough

Tabcorp promotes Adam Rytenskild as Wagering & Media lead

SBC News Tabcorp promotes Adam Rytenskild as Wagering & Media lead

Updating the market, Australian ASX-listed gambling operator Tabcorp Holdings has confirmed the promotion of Adam Rytenskild as new Chief Operating Officer of its Wagering & Media division. Tabcorp makes the appointment in preparation for the retirement of Craig Nugent as leader of the division later this year. Since 2000, Rytenskild has served in a variety of Tabcorp group senior executive …

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Multiple compliance failures see Tabcorp pay record AUSTRAC AUS $45 million fine

SBC News Multiple compliance failures see Tabcorp pay record AUSTRAC AUS $45 million fine

The Australian Transaction Reports & Analysis Centre (AUSTRAC) has issued Tabcorp Holdings its biggest ever fine of AUS $45 million (£27 million) for ‘extensive breaches’ of national anti-money laundering rules and compliance standards. The fine has been forwarded to the Australian Federal Court for final approval, against Tabcorp NSW and Victoria enterprises which failed in to register AUSTRAC of multiple …

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Tabcorp aims for digital expansion following out-performance of corporate forecasts

SBC News Tabcorp aims for digital expansion following out-performance of corporate forecasts

Governance of Australian gambling operator Tabcorp were delighted to announce that the company had beaten market forecasts for its 2014 performance (year ending 30 June). Tabcorp would post 2014 full year net profits of $171 million up 14% on 2013’s 149 million. Tabcorp would record a performance uplift on all key top-line metrics, as the operator posted a 6% rise …

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Tabcorp post improved 2014 performance

SBC News Tabcorp post improved 2014 performance

Australian gaming and sports betting operator Tabcorp, posted a net profit of AUS $ 129.9 million, up 2.6% on 2013 corresponding period. Tabcorp financial performance suffered  from its discontinued Victoria gaming operations, which impacted  business revenues with $19.2 million tax levies.  Tabcorp senior management are in the process of challenging the levies imposed and claiming revenues back. The Australian gambling …

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