Tag Archives: tabcorp

AUS $9 billion merger back on Tatts & Tabcorp agendas

Australian business news sources are reporting that market leading gambling operators’ Tabcorp Plc and Tatts Group have entered advanced talks to create an AUS $9 billion enterprise. The operators have previously engaged in merger discussions. In November 2016, Tabcorp and Tatts governance entered initial discussions but quickly repealed discussions after failing to agree on any potential merger terms. Today both …

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Racing.com competition forces Tabcorp to up its Australian racing broadcast bid

Facing competition from Racing Victoria and Seven West Media joint-venture Racing.com, Australian gambling operator Tabcorp has been forced to significantly up its bid in order to maintain its racing broadcast rights in Australia and New Zealand. The Australian Financial Review (AFR) has reported that Tabcorp governance are prepared to pay AUD $26 million (£16 million) to secure racing content rights …

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Tabcorp secures UFC Australia wagering partnership

Australian gambling operator Tabcorp has confirmed that its online betting subsidiary Tab.com.au has signed a multi-year partnership with the UFC, becoming its official Australian wagering partner. Tabcorp marketing secures the partnership ahead of the UFC returning to Australia on 27 November for ‘Fight Night Melbourne’ Luke Rockhold vs Jacare Souza 2. As a UFC sponsor, the Tab.com.au brand will get …

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Toby Oddy: Digital Fuel – Bringing effective Full Service!

Coming from a busy commercial period having signed new UK bookmaker Sun Bets as a client, Toby Oddy CEO and Founder of industry ‘full services’ marketing agency Digital Fuel, speaks to SBC about the changing marketing dynamics as stakeholders face tougher business conditions (increased competition, higher costs and new external factors). With industry marketing stakeholders now demanding greater operational independence …

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Legal & expansion costs see Tabcorp post 49% 2016 profits decline

Footing a legal bill of AUS $20 million (£11.5 million) Australian ASX-listed gambling operator Tabcorp Holdings (Tabcorp) has witnessed its full-year 2016 net profits decline 49% to AUS $169 million (FY 2015: AUS $334 million). Presenting its FY 2016 results (financial period ending 30 June), Tabcorp governance stated that 2016 business conditions had been ‘Volatile.’ The gambling operator would report …

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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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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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NZ TAB confirms talks with Australia’s Tabcorp

Tabcorp is part of a 3-way race for a wagering deal with New Zealand’s TAB, as the Australian company looks to push into overseas markets and diversify its earnings. NZRB chief executive John Allen commented: “The New Zealand Racing Board is currently in discussions with three organisations, of which Tabcorp is one, to explore options to automate our fixed-odds betting …

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Tabcorp reviews media planning & buying account

Australian marketing news sources have reported that Tabcorp has called out for a review of its media planning and buying account as the operator looks to restructure its marketing division. Tabcorp will review its partnership with long-term incumbent OMD Australia, who have acted as its media planning lead for the past twenty years. It is understood that Tabcorp management carried …

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Is the betting market prepared for the rise of The Sun?

This summer’s Euro 2016 Championships has seen a glut of new sportsbook announcements, but few are as intriguing as the plans between The Sun newspaper and Australian operator Tabcorp to launch Sun Bets. The UK market is no stranger to attempts by octogenarian media mogul Rupert Murdoch to leverage the pre-eminent position of his business interests in the UK media …

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