SBC News Voice of the Sports Betting Industry
Australia’s gambling and entertainment firm TabCorp Holdings Limited has announced the purchase of Tab Active television wagering service from Donaco International Limited for a sum of of AUD$863,000 ($790,682).
Tab Active television wagering service has operated since April of 2008, linking into TabCorp betting engines TattsBet and Racing and Wagering Western Australia Victoria, Queensland and South Australia to access their information and place bets.
Tab Active was the first television-based wagering service available in Australia and the most sophisticated of its kind in the world,The service is linked to the three Sky Racing channels available on the Foxtel platform. It provides a comprehensive form guide and racing information to all viewers, at no charge, by pressing the red button on the Foxtel remote control.
The due diligence process for the sale has been completed with Melbourne-based TabCorp revealing that the service will continue to operate as usual.
Source; iGaming Business
