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Tabcorp posts revenue growth despite lower Luxbet and TAB Sports contributions

29th October 2015 8:32 am GMT

Australia’s Tabcorp Holdings has revealed marginal growth in revenue for the first quarter of its financial year, with wagering turnover up despite the lack of a major sporting tournament.

Revenue for the three months ended September 30th grew 1.1 per cent year-on-year to AUD$543.5m, aided by growth in the operator's online offering. The channel saw turnover rise 13.1 per cent to $900.3m, contributing to a 3.2 per cent increase in group turnover to $3.1bn.


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