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Wagering Leads Tabcorp to H1 Revenue Growth

5th February 2010 9:02 am GMT

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, [...]

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