Benefiting from a solid performance from the company's wagering division despite the uncertain economic conditions, Australia's Tabcorp Holdings Limited has reported a 3% increase in revenues to AUD$2.19 billion for the half year ended December 31st.
Tabcorp's wagering division posted a 5% improvement in revenues to $872.0 million with growth across all the company's businesses except phone betting. Revenues increased 23% in fixed odds betting, assisted by a 38% rise in online turnover growth including Luxbet.com, [...]