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Tag Archives: Tatts

Australia – Lottoland claims government campaign is funded by Tatts

Lottoland Australia has called on the Federal Government to abandon legislation banning lottery betting following revelations the NSW gaming regulator is probing a $5m anti-Lottoland campaign funded by Tatts Group. The NSW Liquor & Gaming authorities have launched a preliminary investigation into whether the misinformation campaign funded by Tatts may have breached the company’s licence…

Australia – Tabcorp’s revenues super-charged by Tatts’ $176m contribution

Having completed its acquisition of rival Tatts Group, Australian betting giant Tabcorp saw an 18.7 per cent increase in revenue for the six months to 31 December 2017 to AU$1.38bn. The Tatts Group brought in around AU$176.3m in revenue for the 18 days of integration from 14 December 2017. Overall, Tabcorp reported a net loss…

Australia – Tribunal authorises proposed combination of Tabcorp and Tatts again

The Australian Competition Tribunal has given its approval again for the A$11.3bn merger of Australian betting giants Tabcorp and Tatts Group after the Federal Court asked for a second opinion. The second ruling was forced by rival company CrownBet has not ruled out a second appeal. The tribunal was satisfied that the proposed transaction would…

Australia – Tabcorp highlights cost of planned Tatts merger as it falls in 2017

Australian gambling group Tabcorp reported a A$20.8m loss in 2017 in what it described a ‘strategically important year for Tabcorp.’ The group highlighted the $54m it has invested on its proposed merger with Tatts, as well as disappointing results from its UK operation Sun Bets. The $20.8m loss in 2017 followed a profit of $169m…

Australia – Australian Competition Tribunal authorises proposed combination of Tabcorp and Tatts

The Australian Competition Tribunal (Tribunal) has given its seal of approval to the $11.3bn merger of Australia’s two biggest betting businesses, Tabcorp and Tatts. As part of the deal, Tabcorp has agreed to sell its gaming machine monitoring Odyssey Gaming business in Queensland to Australian Federal Hotels. As part of the Tribunal authorisation process, Tabcorp…

Australia – Tabcorp lodges application with Australian Competition Tribunal

Australian sports betting giant Tabcorp has lodged an application with the Australian Competition Tribunal for authorisation to proceed with the proposed combination of Tabcorp and Tatts Group. The combination of Tabcorp and Tatts is anticipated to provide a wide range of benefits for stakeholders, including the Australian racing industry. Since announcement of the Transaction, Tabcorp…

Australia – Tatts to implement Comtrade’s G2S Technology

Comtrade Gaming has announced that its G2S (Game to System) Host-side Protocol Stacks will be integrated into Tatts Group products starting in 2017. With years of successful operation under many state governments and regulatory environments, Comtrade Gaming’s software solution will serve as a technical addition to Tatts Group’s monitoring platform in Australia. “Monitoring gaming machines…

Australia – Ladbrokes considering Tabcorp takeover bid

British bookmaker Ladbrokes Coral is considering a £2bn takeover bid for Australian operator Tabcorp Holdings. Tabcorp, Australia’s largest bookmaker, has just confirmed it has bought 10 per cent of its takeover target Tatts Group for A$638m. Tabcorp last month agreed to buy lottery operator Tatts for A$6.4bn to create a gambling giant in Australia. Ladbrokes…