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Tatts lauds initial performance of UBET; eyes major cross-sell opportunities

20th August 2015 9:25 am GMT

A record performance from lotteries and strong growth in online wagering helped Australia's Tatts Group record a 25.7 increase in statutory after tax profit for its 2015 financial year.

Despite what the company described as a softer jackpot environment in the financial year ended June 30th, lottery sales improved by 2.8 per cent to AUD$1.98bn, with EBIT rising 5.9 per cent versus a year ago to $287.5m.

This included a 20.9 per cent increase in online lottery [...]

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