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Online growth continues for Tabcorp while Sun Bets disappoints

30th October 2017 7:47 am GMT
Tabcorp

Sydney-listed betting and gaming operator Tabcorp Holdings has reported a 6 per cent increase in revenue to AUD$578.8m for its financial first quarter ended September 30th, although the company noted that the performance of the Sun Bets business remained below expectations.

Wagering & Media revenue grew by 4.5 per cent to $481.5m, equivalent to 83 per cent of Tabcorp’s quarterly total, after seeing total wagering turnover increase by 3.5 per cent to $3.17bn. The company noted, [...]

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