G3Newswire TABCORPS INTEGRATION PAYS OFF
Australia’s Tabcorp has been performing strongly with reported net profit for 2015 up 157 per cent on the prior year
Australia - Corporate
The going is good for Australian betting group Tabcorp who reported a net profit for the 2015 financial year after tax of A$334.5m, up 157 per cent on the prior year. Whilst this figure has been inflated by two significant one-off income tax benefits, net profit after tax, excluding these items from continuing operations was up 14.7 per cent to A$171.3m. Revenues for the group were A$2.16bn, up 5.7 per cent.
Tabcorp now operates Wagering, Keno and Trackside licences in the ACT, complementing existing operations. ACTTAB was rebranded in August, so that Tabcorp now operates under a sin- gle TAB brand across the ACT, New South Wales and Victoria. The completion of media rights arrangements for NSW and Victorian thorough- bred racing means that TAB’s apps and
tab.com.au are the only digital channels where customers can watch every single race across every racing code. This is a major competitive advantage and a real point of difference for the company.
Tabcorp Gaming Services business, TGS, has evolved from being a Victorian-only business to
one which is building a presence in NSW with the signing of a number of new venues in that market.
The Keno business has been transformed, with a new brand identity and a more contemporary and appealing customer experience. Keno jackpots are now pooled between NSW and Victoria, with Queensland planned to follow in due course.
Tabcorp’s MD and CEO, David Attenborough (above), said: “Customers are responding positive- ly to our wagering offer and our results demon- strate the value of our integrated retail, digital and media assets. Revenue growth was 6.9 per cent, while EBITDA was up 7.2 per cent. Total racing revenue growth was 5.1 per cent, while sports rev- enue was up 16.2 per cent. However, racing con- tinues to drive the bulk of our wagering turnover, with fixed odds products underpinning racing’s growth. Media revenue continued to grow, driven by increased international vision and co-mingling arrangements, such as those in place with Hong Kong, Singapore and South Africa.We have also put in place new media rights for NSW and Victorian thoroughbred racing.”
AUSTRALIA – GLI RELOCATES SYDNEY LABORATORY Gaming Laboratories International (GLI) will relocate its Sydney, Australia-based laboratory from Rosebery to Seven Hills in the coming months, moving closer to New South Wales manufacturers that have moved further west of Sydney’s Central Business District.
The laboratory relocation, which is in line with GLI Australia’s long-term expansion program, will provide the majority of New South Wales manufacturers and other clients easier and faster access to GLI’s laboratory, services and personnel. In addition, the new space will afford a 30 per cent increase in engineering staff as well as a 25 percent increase in labo- ratory floor space. With an increasing demand for GLI’s test- ing, certification and professional services, GLI Australia is adapting in order to ensure all customers’ needs are met.
GLI Australia’s Chief Operating Officer APAC Espee de Robillard said, “This is a very exciting time for GLI, and espe- cially for GLI in Australia and the Asia Pacific region. Expanding our offices, employing more staff and investing in the gaming industry means we can accept a greater work- load from across the region, truly support our regional offices in Macau and the Philippines, and maintain the expectations and trust of our customers.
ASIA & OCEANIA GAMING NEWS
WWW.G3NEWSWIRE.COM
ROULETTE TABLES BLACK JACK TABLES PUNTO BANCO TABLES POKER TABLES ACCESSORIES PLAYING CARDS SEATING
PST
River Drive South Shields NE33 1LH, UK T: +44 (0) 191 456 6209 F: +44 (0) 191 427 1118 E:
sales@pstseating.com
www.pstseating.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68