TAB has combined the best of retail and mobile betting with ‘Check and Collect’, a product which makes it easier for Australian punters to enjoy their betting experience. The new product combines TAB’s strong retail presence with technology which allows customers to check their betting ticket and vouchers by using bar-code technology via the TAB app. If a customer scans …
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‘The Australian’ newspaper has this weekend reported that FTSE-listed betting operators’ Ladbrokes Coral and William Hill are eyeing the potential takeover of ASX-listed Tatts Group’s sports betting assets, should the company be acquired by the Pacific Consortium. Last week, Pacific Consortium a group of investors led by London private equity firm Macquarie and New York fund KKR made a formal AUS …
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New Zealand standoff Kieran Foran is being investigated by the police and NRL Integrity Unit after $2,000 in winnings from a bet on his Parramatta Eels team ended up in his TAB account. The match in question was Parramatta’s visit to Foran’s former club, Manly Sea Eagles, on April 14. Just half an hour before kick-off, $18,000 in cash was wagered …
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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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Australian news sources have reported that Racing & Gaming Minister Colin Holt is seeking to privatise the Western Australia TAB network (WA TAB), which represents the country’s last state-owned betting agency. Holt is reported to be seeking a AUS $1 billion sale for the state asset, with the Racing Representative Group set to present its auction plans to WA regulators. …
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An Australian politician is pushing to have the country’s gambling taxation laws overhauled, and has the sports betting industry in her sights. National Party senator for Victoria Bridget McKenzie is pushing the federal government to impose a new national gaming tax and effectively ban gambling with overseas operators using ‘banking and other tools’. McKenzie has made a formal submission to …
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Australian gambling operator Tabcorp has won a $128.9 million (£64 million) tax benefit resulting from a payment it made to the Victorian government more than two decades ago. The operator has contested tax charges of a combined value of $1.2 billion in compensation for the past two decades, relating to revenues generated by poker (‘pokie’) machines. Last Friday the Australian …
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Western Australia state owned betting operator TAB is set to focus its business towards online sports betting amid a decline in its racing operations. Last week Racing and Wagering Western Australia (RWWA) issued its annual sports betting report outlining that revenue growth jumped 36% in the past 12 months to July 31 – AUS $160 million, the increase was driven …
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