Tag Archives: Paula Dwyer

Tabcorp reviews current business assets as Tatts merger decision looms

Entering a new financial year, Australia ASX-listed gambling group Tabcorp Holdings has detailed a solid opening for its 2018 operating guidance, publishing its opening quarter trading statement (period ending 30 September). Although no longer required to provide quarterly trading statements, due to its ongoing merger with Tatts Group, Tabcorp governance has proceeded to update its investors and stakeholders. Tabcorp would …

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Tabcorp-Tatts merger nears conclusion as Tatts sets up October Shareholder Vote

Updating the market, the governance of Australia ASX-listed Tabcorp Holdings Plc has provided a corporate update on its AUS $11 billion merger with Tatts Group, which will create the ‘outright Australian gambling market leader’. The Supreme Court of Victoria has ordered for a meeting of Tatts shareholders on Wednesday 18 October to vote on the proposed Tabcorp-Tatts combination. In preparation …

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ACT says YES to Tabcorp-Tatts AUS $11 billion merger

Following an arduous nine-month regulatory compliance review, the AUS $11 billion merger of Tabcorp Holdings and Tatts Group has received approval by The Australian Competition Tribunal (ACT). Tabcorp governance this morning issued a corporate update detailing the ACT’s ‘merger greenlight’, with full details of its competition review expected to be published on Thursday 22 June. Updating investors, Tabcorp governance stated …

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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 Board advisory with Bruce Akhurst & Vickki McFadden appointments

Australian ASX-listed gambling operator Tabcorp Holdings has moved to strengthen its governance advisory by appointing Bruce Akhurst and Vickki McFadden as Non-Executive Directors. Tabcorp adds to its advisory board Bruce Akhurst, a veteran Australian technology and management expert who currently serves as Executive Chairman of advertising services firm AdStream. Vickki McFadden will further assist Tabcorp governance on strategic investments, banking and …

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NSW implements live-odds broadcast restrictions

New South Wales (NSW) regulators have moved to ban the advertising of live odds on sports television and radio broadcasts. The broadcasts restrictions were announced by NSW Deputy Premier Troy Grant last Friday, and are set to be implemented by March 2016. NSW restrictions will apply to sports broadcasts which are less than four hours long in duration, the restrictions …

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Tabcorp urges Australian Government to get tough on offshore bookmakers

Australian betting and gambling operator Tabcorp has advised Australian policy makers for stricter policing and monitoring of offshore bookmakers. Tabcorp senior management have cited numerous concerns regarding consumer and market protections. Tabcorp Chairman Paula Dwyer yesterday told the federal government that an estimated 14% of Australian wagering was being placed with unlicensed bookmakers. Dwyer expressed that the Australian government needed …

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