Tag Archives: Tatts

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 …

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. …

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 …

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 …

Publishing its 2017/18 (period ending 30 June) annual results, a new look Tabcorp Holdings demonstrates its enlarged capacity, recovering from its 2016/17 woes. The ASX-listed gambling group points towards a new direction as it incorporates the lottery and betting assets of Tatts Group, forming Australia’s biggest gambling enterprise (deal concluded December 2017). A significantly enlarged Tabcorp records 2017/18 group revenues …

Lottoland is calling on the Australian federal government to review its proposed ban within the country, after raising concerns over the financial security of the Australian Lottery and Newsagents Association (ALNA). The new legislation wouldn’t permit Australians to bet on the outcome of international lotteries, with ALNA heavily lobbying for a ban which it has previous labelled as a “positive …

Lottoland Australia has offered the nation’s 4,000 news and lottery agents a profit sharing agreement, which will see newsagents receive a share on every bet on overseas lotteries that they refer to the company. Designed to “ensure wider choice for customers – and additional revenue for newsagents” through the offer of 20 percent, which it states could be worth “thousands …

The governance of Tabcorp Holdings has begun to consolidate its business operations with AUS $11 billion merger partner Tatts Group. The Australia ASX-listed operator has moved to realign its enlarged corporate marketing framework, which will service multiple Tabcorp/Tatts betting, lottery, keno and racing brands. Triggering the merger consolidation process, Australian news sources have revealed that Tatts Group Chief Marketing Officer …

Australia ASX-listed gambling group Tabcorp Holdings, has published the final trading statement of Tatts Group Limited, as the companies move to combine their operations in 2018. Publishing H1 2018 results (period ending 31 December), Tatts reports a 19% increase in period revenues generated from ordinary activities of AUS $ 1.37  billion. Tatts revenue uplift was primarily driven by its lottery …

The AUS $11 billion merger pursuit of Tatts Group, has significantly impacted the performance of Australia ASX-listed gambling group Tabcorp Holdings. Following a year of judicial hearings and compliance reviews, Tabcorp governance announced last December that it had secured final approval to complete its merger with Tatts Group. However, publishing its half-year 2018 results (period ending 31 December), Tabcorp reports …