Tag Archives: Lottery Corp.
Australia – Tabcorp shares plummet 81 per cent as demerged Lottery Corp. floats to success
Australian betting operator Tabcorp saw its shares slump by 81 per cent to AU$1.01, following the demerger of its lotteries business, Lottery Corp, which became an AU$10bn as it floated on the Australian Stock Exchange. Motley Fool Analyst James Mickleboro said: “Based on the current Lottery Corporation share price, it has a market capitalisation of approximately…
