Tag Archives: tabcorp

Tabcorp adds new pari-mutuel dynamics with Longitude Nasdaq

Tabcorp Holdings has moved to strengthen its racing pari-mutuel provisions, launching the ‘merged pool’ betting services of racing technology developer Longitude, a wholly owned subsidiary of Nasdaq.  Led by an executive team of technology and racing veterans, Longitude seeks to disrupt traditional tote betting systems, offering racing customer broader market selections with deeper engagement. In its partnership with leading Australian …

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Tabcorp places ‘revitalising TAB’ at top of its enlarged agenda

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 …

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Tabcorp confirms sponsorship of Brisbane Racing Club

Australian gaming operator Tabcorp has confirmed a major two-year sponsorship deal with the Brisbane Racing Club and hopes to broker several more deals with Racing Queensland. Racing Queensland’s chief executive Brendan Parnell noted that this deal would be the first in the state’s racing industry, and expects many more deals to follow. He commented: “RQ is thrilled to see Tabcorp …

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Tabcorp appoints M&C Saatchi to develop new AUS profile

Australian marketing news source Mumbrella has reported that ASX gambling group Tabcorp Holdings has awarded its creative advertising account to M&C Saatchi Australia. The Sydney based marketing agency will takeover the AUS $ multi-million account from incumbent Clemenger (BBDO Group), who have served as Tabcorp’s creative lead since 2016. Mumbrella reports that M&C Saatchi, were not required to pitch for …

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Tabcorp drops UBET focusing on TAB as lead betting domain

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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Tabcorp appoints Patrick Mcglinchey as group legal lead

Australia ASX-listed gambling group Tabcorp Holdings has confirmed the appointment of Patrick Mcglinchey as new Group General Counsel. Mcglinchey is expected to join the legacy Australian gambling group on 4 March 2019, and will act as a chief legal aid for a much-changed Tabcorp senior executive team, following the merger completion and integration of Tatts Group assets and operating divisions. …

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BetEasy swoops in as competitors crash on Melbourne Cup day

Melbourne Cup

BetEasy was the biggest benefactor in Australia as sports betting sites Sportsbet, Ladbrokes and Betfair all crashed on Melbourne Cup day – the biggest day on the nation’s betting calendar. As reported by The AGE, punters on Sportsbet, Ladbrokes and online betting exchange Betfair were temporarily unable to place bets on their smartphone apps or computers, while Tabcorp also reported …

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Tabcorp shareholders dispute executive merger rewards

The governance of Australia ASX-listed Tabcorp Holdings has been served a bloody nose, as a significant number of its investors have rejected the firm’s executive remuneration report. This Wednesday, 40% of Tabcorp investors voted against 2017/18 executive packages. Australian business news sources report that investors had been incensed by the company attaching executive performance rewards (bonuses) to Tabcorp’s AUS $11 …

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Tabcorp continues Racing ATA legacy sponsorship

Australian gambling operator Tabcorp will continue its legacy sponsorship of the Australian Trainers Association (ATA) for a further 12-months. Updating the media, Tabcorp marketing detailed that it would continue to act as the ATA’s ‘official wagering partner’, a position it has maintained since 2014. Renewing sponsorship terms for a further 12-months, the ATA detailed that it would work with Tabcorp …

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New look Tabcorp refreshes Executive Management team

Australia ASX-listed Tabcorp Holdings has undertaken a series of ‘Executive General Management’ appointments seeking to strengthen its leadership team, following the firm’s merger enlargement with main market rival Tatts Group plc. Last week Tabcorp governance confirmed the appointment of Luke Waldren from online competitor  Sportsbet.com.au (Paddy Power Betfair) as new Executive General Manager of Group Marketing. The ASX enterprise details …

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