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Tatts Group Earning Report
Thursday, February 18, 2016 : SOLID HALF-YEAR FOR AUSTRALIAN LAND AND ONLINE GAMBLING GROUP
Tatts reports a 6.2 percent rise in net profit after tax as digital shows the way.
Australian land and online gambling giant Tatts Group has reported on its fiscal second quarter results, posting a 6.2 percent rise in NPAT (net profit after tax) to AU$147.9 million, thanks mainly to good results from its online wagering and lottery units.
Highlights reported by the group included:
* Revenue up 6.5 percent to A$1.6 billion;
* Online lotteries revenue up 9.6 percent to AU$1.11 billion with a 35 percent growth rate;
* Double-digit growth in the new UBet brand at over 50 wagering points;
* Wagering division turnover up 3 percent to A$2.14 billion, although revenue was down 4 percent at A$326 million;
* 29 percent of wagering sales now generated online;
* Tatts Group websites attracted an average 3.5 million visits per month, and the company's apps have been downloaded to over 1 million mobile devices, a very substantial rise from the previous year;
* Digital wagering sales up 20.2 percent;
* Interim dividend of 9.5 cents a share has been decided.
Chief executive officer Robbie Cooke said in a statement: “The momentum we are gaining from these digital initiatives in both our lotteries and wagering operations is truly exciting.”
Giving a trading update, Cooke revealed that the first six seeks of the second quarter had delivered strong performances all round.
$75K Win on Mobile Slot @ CafeCasino -
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NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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