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Betmakers Update On Tabcorp Talks
Tabcorp Announces Intention To Demerge Lotteries & Keno
Tabcorp Holdings Says Got Acquisition Proposal For Wagering & Media Business From BetMakers
Tabcorp Holdings Ltd is engaged in the provision of gambling and entertainment services. The Company operates through three segments: Lotteries and Keno; Wagering and Media and Gaming Services. Lotteries and Keno segment includes its operation of lotteries and Keno pursuant to licenses and approvals in certain Australian states and territories. Wagering and Media segment includes the provision of totalizator and fixed odds betting and retail wagering networks, and global racing media business. Gaming Services segment includes machine monitoring operations in New South Wales, Queensland and the Northern Territory and venue services nationwide. It operates through various brands, such as Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno and Instant Scratch-Its.
Collins Square, L 21 727 Collins St
Independent Non-Executive Chairman of the Board
David Robert Henry Attenborough
Chief Executive Officer, Managing Director, Executive Director
Chief Financial Officer
Chief Risk Officer
General Counsel, Co-Company Secretary
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Australia's Tabcorp Holdings Ltd said on Monday it would spin off its Lotteries & Keno business into a listed entity, drawing an end to a company-wide review it undertook earlier this year as interest built for a separate unit.
* BetMakers makes A$4 bln proposal for Tabcorp's wagering unit
Ladbrokes owner Entain confirmed on Tuesday it had offered to buy Australian betting firm Tabcorp Holdings' struggling wagering and media business, as the UK gambling company looks to expand in the country.
Ladbrokes owner Entain said on Tuesday it has made a non-binding indicative offer for betting firm Tabcorp Holdings' wagering and media business, as it looks to expand in Australia.
Tabcorp Holdings Ltd said on Tuesday it had received multiple proposals for a potential sale of its wagering and media business, sending shares of the betting firm close to a one-year high.
Tabcorp Holdings Ltd on Wednesday reported a lower-than-expected full-year underlying profit, as coronavirus-led closures of betting shops and cancellation of sports events hammered the gambling firm's bottom line.
Tabcorp Holdings Ltd on Wednesday reported a 39% slump in full-year underlying profit, as the gambling firm was dealt a heavy blow from coronavirus-led closures of betting shops and cancellation of sports events.
Australia's Tabcorp Holdings on Monday forecast a one-third drop in annual profit and said it will book a A$1 billion to A$1.10 billion ($714 million to $786 million) impairment charge as the coronavirus crisis batters demand.
Australia's Tabcorp Holdings Ltd on Monday forecast a lower annual profit and said it will book an impairment charge of A$1 billion to A$1.10 billion ($714 million to $786 million)related to its Wagering & Media and Gaming Services businesses.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.