Tabcorp Holdings

Tabcorp Holdings Limited
Public
Traded as ASX: TAH
Industry Gambling
Founded Melbourne, Australia,
1994 privatisation of the Victorian TAB
Headquarters Melbourne, Australia
Key people
Paula Dwyer, Chairman
David Attenborough, Managing Director and CEO
Products Wagering
Gaming
Media
Keno
Revenue AUD1,856.9 million FY15
(excludes demerged Casino business)
Number of employees
3,000 (2015)
Slogan More Than Just Winning
Website http://www.tabcorp.com.au/

Tabcorp Holdings Limited (Tabcorp) is an Australian wagering, gaming and Keno operator and one of the world’s largest publicly listed gaming companies. They carry a supporting media arm.

Business overview

Wagering

Gaming

Keno

Media

History

Tabcorp was first listed on the Australian Securities Exchange in 1994 as part of the first major public offering by the Victorian State Government of a statutory body. The Victorian TAB had been established in 1964.[1] The company acquired the businesses formerly conducted by the TAB for a total of $77.8 million and acquired licences to conduct wagering and gaming in Victoria for $597.2 million.

In December 1999 Tabcorp announced the acquisition of Star City Holdings Limited, the owner of the Star City hotel and casino complex in Sydney.

In April 2000 Tabcorp announced the acquisition of Structured Data Systems Pty Ltd, which developed networked wagering systems, Keno systems and animated games.

In November 2003 Tabcorp merged with Jupiters Limited which owned the three Queensland-based casinos and other gaming operations in Queensland and New South Wales.

In September 2004 Tabcorp completed a takeover for Tab Limited, the New South Wales-based wagering and media company.

An investigation by news.com.au reporters Will Temple and David Higgins released on 22 August 2007 claims that Tabcorp had secret approval from the NSW government to loan money to "select high value wagering customers".[2]

In June 2011 Tabcorp demerged its casinos operations which resulted in Tabcorp’s casinos business being separately listed as Echo Entertainment Group (ASX: EGP). The existing wagering, media, gaming, and Keno businesses were retained by Tabcorp.

In March 2016, Tabcorp extended its sponsorship agreement with Victoria Racing Club (VRC) to 2024.

See also

References

  1. "TABlet: the first thirty years"
  2. Will Temple and David Higgins (22 August 2007). "Govt in secret betting scandal". News.com.au. Retrieved 10 November 2008.

External links

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