Australian gambling stands on the verge of a market transformation, as shareholders of ASX gambling group Tabcorp Holdings have unanimously approved splitting the business. This morning, Tabcorp’s board disclosed that 99% of shareholders had approved for the demerger of ‘The Lottery Corporation Limited’ – the unit that operates the Tatts Lotto and Keno business across Australia’s six states. The demerger …
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TAB has moved to strengthen its brand visibility in its home market, becoming the official wagering partner of the National Basketball Association (NBA) in Australia. The partnership will see TAB and the NBA collaborate on production of an Australia-facing version of the league’s betting focused alternate telecast, NBABet Stream, marking the service’s debut outside of the US. Additionally, TAB will …
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Tabcorp Holdings will proceed with its intentions to demerge its Lotteries & Keno and Wagering & Gaming units with the objective of ‘creating two market leading companies’, following the completion of its ‘comprehensive strategic review’. Approved by company Chairman Steven Gregg and the company’s new board of directors, Tabcorp believes that the unit divestments will deliver Tabcorp investors their long-awaited …
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Tabcorp Holdings’ flagship sportsbook property TAB has launched its new “Back the Industry” campaign, urging punters and businesses to support Australian racing during the ongoing COVID-19 crisis. Despite all Australian professional sports leagues postponing their imminent 2020 schedules, Australian horse and greyhound racing remain as the last organised sports still operating during the Australian COVID-19 lockdown, maintaining all meetings behind …
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Australian ASX gambling group Tabcorp Holdings has announced a major coup for its TAB sportsbook subsidiary, which has become the official Australia broadcast and betting operator for the NBA. Securing a multi-year agreement, TAB is set to broadcast ‘NBA TV’ across its digital platforms and 4,400 retail venues. Confirming the partnership Scott Levy, Executive VP of NBA Asia, said: “Tabcorp’s extensive …
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Australia ASX-listed gambling group Tabcorp Holdings has confirmed it will utilise its flagship ‘TAB’ brand as its lead sports betting property. Tabcorp governance continues its corporate re-alignment, integrating the assets of Aus $11 billion merger partner Tatts Group, detailing that its enlarged enterprise will deliver ‘stronger consumer-facing properties’ in 2019. The decision to lead with TAB as its sole sports …
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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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New UK online betting operator Sun Bets, the joint business venture of Tabcorp Holdings and News UK, has launched its online casino offering in partnership with market leading software supplier Playtech. Sun Bets who officially launched this week, will be complemented by a comprehensive Playtech serviced online and live casino product. Playtech continues to strengthen its services partnership with News …
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