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Tabcorp fiscal Q3-2015

Monday May 4,2015 :  WAGERING AND MEDIA DRIVE MODEST GROWTH AT TABCORP
 
Overall revenues up 3.3 percent in Australian betting group's fiscal Q3-2015.
 
The Australian betting group  Tabcorp Holdings Limited provided a trading update Monday for the third quarter of its fiscal 2015 financial year.
 
Reported Q3-2015 group revenue was A$ 508.7 million, up 3.3 percent on the prior corresponding period. Year-to-date revenue is A$1,623.9 million, up 5.6 percent y-o-y.
 
“Tabcorp achieved revenue growth in the third quarter, driven by the performance of our Wagering and Media business,” said managing director and CEO, David Attenborough.
 
“It was pleasing to see the momentum in Wagering continue on the back of a strong first half, which included a successful Soccer World Cup.”
 
Wagering and Media revenue for Q3-2015 was up 5.6 percent at A$440.6 million. Revenue in the Gaming Services business, TGS, was A$24.2 million, flat to the prior year as growth was impacted by lower interest revenue, the result of reduced loan volumes.
 
Media revenue grew 9 percent to A$43.6 million, supported by the contribution from the international business.
 
Total TAB racing revenue increased in the thrid quarter to A$396.7 million - up 6.3 percent. The growth in racing was driven by Fixed Odds products with revenues of A$105.8 million, up 31.9 percent, while totalisator revenue trends improved marginally relative to the first half.
 
TAB Sports revenue was down almost 2 percent at A$44.5 million - the result of strong yields in the comparable period last year.
 
Online operation Luxbet's revenue waned due to "unfavourable yield movements," with revenue down 12.6 percent at A$12.5 million but still up 14 percent YTD at A$39 million.
 
Digital turnover was A$814.8 million, up 16.8 percent, with Management reporting that Tabcorp continues to progress the integration of its exclusive retail and digital channels as part of its multi-channel approach.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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