Tag Archives: Tabcorp Holdings

Australia ASX-listed gambling group Tabcorp Holdings Plc, has upgraded its corporate integration and synergy targets, as governance aims to display the firm’s enlarged capacity across all product verticals and services. Publishing its interim 2018/19 results (period ending 31 December 2018), a significantly enlarged Tabcorp records group revenues of AUS $2.7 billion, primarily attributed to incorporating Tatts Group keno and lottery …

Artificial intelligence as a means of tackling problem gambling has been announced by Tabcorp Holdings as one of the ways the group has tried to adopt more socially responsible policies in 2018, as announced in its Corporate Responsibility Review published today. The predictive risk analytics technology was rolled out by the group to analyse the wagering behaviour of individuals, and …

Australia ASX-listed gambling group Tabcorp Holdings, has published the final trading statement of Tatts Group Limited, as the companies move to combine their operations in 2018. Publishing H1 2018 results (period ending 31 December), Tatts reports a 19% increase in period revenues generated from ordinary activities of AUS $ 1.37  billion. Tatts revenue uplift was primarily driven by its lottery …

Seattle-based esports betting platform Unikrn has confirmed the appointment of Andrew Vouris as new Chief Operations Officer (COO), as the company prepares for its upcoming ‘2018 European rollout’. A seasoned gambling executive, Vouris joins Unikrn leadership from Australian ASX gambling group Tabcorp Holdings, where he most recently served as Group Deputy COO for the firm’s media and wagering division (2016-2017). …

Crown resorts has announced an agreement to sell its stake in CrownBet, as part of the company’s ongoing debt reduction strategy. The Australian gaming and entertainment group is to recoup AU$150m for its 62% interest in CrownBet, together with loans advanced by it to CrownBet. In a statement released to the Australian Securities Exchange (ASX), it was detailed that a …

Tabcorp Holdings and Tatts Group have announced that the combination of the two firms has been completed. A statement from the firm read: “Tabcorp Holdings Limited (Tabcorp) advises that the Scheme of Arrangement (Scheme) in relation to the combination of Tabcorp and Tatts Group Limited (Tatts) has been implemented today. Tatts is now a wholly-owned subsidiary of Tabcorp.” Adding: “Tabcorp …

The long proposed merger between Tabcorp Holdings and Tatts Group has moved a further step towards completion, following approval of the scheme from the Supreme Court of Victoria. Originally announced in October of 2016, court orders have now been lodged with The Australian Securities and Investments Commission (ASIC), with the scheme now effective and a date of implementation set for …

Updating the market, Australia ASX-listed gambling group Tabcorp Holdings has confirmed that it has fully settled its Tatts Group merger dispute with competitor Crownbet Limited. “CrownBet has agreed not to apply for judicial review of the Tribunal’s decision on 22 November 2017 to grant authorisation for the Transaction. CrownBet has also agreed not to take any action which would impede …

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 …