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Digital wagering drives quarterly growth for Tabcorp

3rd May 2016 7:37 am GMT
Tabcorp

Australia’s Tabcorp Holdings has reported a 3 per cent increase in turnover to AUD$3.07bn for its financial third quarter ended March 31st, with its digital channel contributing nearly a third of all sales.

The operator said that its digital wagering operations returned to double-digit growth during the quarter as turnover rose by 15 per cent to $938.2m, helping to offset a 2 per cent decline in the retail turnover to $1.55bn.

The growth helped Tabcorp generate revenue of $518.4m [...]

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