After a month to consider, Tabcorp has turned down a $3bn bid by Entain for the company’s wagering and media division, arguing that the bidder has underestimated the company’s actual value. Tabcorp Says No to $3bn Entain Bid Tabcorp has formally rejected a $3 billion bid by Entain this morning and has launched a broad strategic review […]
Tabcorp Holdings’ reported a slight 1.5% group revenue decrease for the first half of 2020/2021 with the company’s lottery and wagering units offsetting the slump in the Gaming Services division. Tabcorp On the Path to Recovery After Challenging 2020 Australia’s largest gambling company Tabcorp has released its 2020/2021 interim results for the period ending 31 […]
The potential sale of Tabcorp wagering and media business will face challenges from the ACCC and businessman Peter V’landys. ACCC Closely Monitoring Tabcorp Takeover The Australian Competition and Consumer Commission (ACCC) has announced that it is closely monitoring the mounting interest in gambling and gaming giant Tabcorp Holdings’ wagering and media arm. Last week, Tabcorp […]
Tabcorp has received multiple unsolicited acquisition proposals for its Wagering and Media Division, including from UK gaming leader Entain. Tabcorp Receives Several Unsolicited Takeover Bids Australian gambling giant Tabcorp Holdings Limited (Tabcorp) has revealed that it has received several unsolicited acquisition proposals for its Wagering and Media division. However, no firm proposals have been made […]
Tabcorp and Major League Baseball signed a new partnership designed to boost awareness for the league with Australian sports fans who have been demanding more US sports, and baseball in particular. MLB and Tabcorp Tie up Exclusive Sports Betting Partnership Major League Baseball (MLB) continues to expand its footprint around the world, after making successful […]
Marketing campaigns may serve many purposes, but they all aim at bringing the attention to one’s products. And the new marketing campaign by Tabcorp does exactly that, for all the good reasons. The betting arm of Australian gaming company Tabcorp Holdings, TAB, has recently launched an advertising pitch that is seeking to exploit on bettors’ […]
Tabcorp, the Australian lottery and gaming provider, has introduced cost reduction measures to respond to the negative impact on its revenue due to the coronavirus spread, that included the temporary layoff of more than 700 employees. Yet, the full extent of the blow the company is taking from the ongoing health crisis on its bottom […]
