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Tabcorp fined $1m over major wagering system outage

Tabcorp has been fined AUD$1.0 million by the Victorian Gambling and Casino Control Commission (VGCCC) for failing to comply with two Commission directives.

The fine relates [...]

2 mins read
Tabcorp

Tabcorp and Preston venue facing fine for allowing minor to gamble in Victoria

Australia’s Victorian Gambling and Casino Control Commission (VGCCC) has charged Tabcorp and the Preston Hotel for allowing a minor to gamble.

The state regulator launched its [...]

1 min read

The Lottery Corporation sees first half revenue close in on AUD$2bn mark

Sydney-listed The Lottery Corporation has posted an 8 per cent increase in revenue to AUD$1.92bn for its financial half-year period ended 31 December 2022.

In its [...]

1 min read
Tabcorp

Tabcorp profit falls despite first half revenue growth

Sydney-listed betting and gaming operator Tabcorp Holdings has reported an 11 per cent increase in revenue to AUD$1.28bn for its financial half-year ended 31 December.

Wagering [...]

1 min read

Corporate bookmakers drive Australian racing growth

Betting turnover on thoroughbred racing in Australia grew by 7 per cent in 2021/22 to AUD$29.14bn (€18.73bn), according to data published by Racing Australia.

The Australian [...]

1 min read

Western Australia terminates WA TAB sale process

The government of Western Australia has terminated the WA TAB sale process after failing to identify opportunities that are in the long-term interest of both [...]

1 min read

Record year for The Lottery Corporation as revenue climbs to $3.28bn

Sydney-listed lottery and keno provider The Lottery Corporation has reported an 11 per cent increase in full year revenue to AUD$3.28bn in its maiden results [...]

1 min read
Tabcorp

Tabcorp profits from demerger but full year revenue dips 4%

Sydney-listed gaming operator Tabcorp Holdings has posted a net profit of AUD$6.78bn for the financial year ended 30 June, including a gain of $6.51bn from [...]

1 min read

Australia’s NSW raises Point of Consumption tax rate to 15%

The Australian state of New South Wales (NSW) has announced reforms to its wagering taxes, including an increase in the Point of Consumption tax rate [...]

1 min read
Tabcorp

New leadership for Tabcorp as Bruce Akhurst takes over as chairman

Sydney-listed gaming giant Tabcorp Holdings has made a number of board and senior management changes ahead of its demerger of The Lottery Corporation.

With the company [...]

1 min read
Tabcorp

Tabcorp set to complete demerger of lottery and keno arm

The Supreme Court of New South Wales has approved Tabcorp’s proposed demerger of its lottery and keno division, paving the way for it to commence [...]

1 min read

Victoria issues dual Keno licences to Lottoland and Tabcorp

The Australian state of Victoria has granted dual Keno licences to leading lottery operators Tabcorp and Lottoland, enabling them to offer Keno games online as [...]

1 min read