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Tabcorp posted its fiscal Q3-2014 results

Wednesday April 30,2014 : ONLINE BETTING GOOD FOR TABCORP IN FISCAL THIRD QUARTER
 
Australian online and land betting group reports strong revenue growth from fixed odds and online betting.
 
The Australian land and online betting group Tabcorp posted its fiscal Q3-2014 results Wednesday showing group revenue up 2.5 percent, mainly thanks to strong performances in fixed odds and online betting.
 
Group revenue between January and March totalled A$492.3 million, whilst the year-to-date figure is now up by 1.5 percent to $1.54 billion.
 
Revenue from wagering - Tabcorp's biggest business - rose 2.7 percent to A$377.2 million for the quarter.
 
"Tabcorp's third quarter wagering revenue growth, despite heightened competition, was driven by the fundamental strength of Tabcorp's multi-channel, multi-product strategy," the company said.
 
Digital turnover grew by 20 percent relative to the first half.
 
Fixed odds revenue jumped by 21.4 per cent as the number of markets on offer expanded, and offset a fall in totalisator revenue which was down 5.1 percent in NSW and down 9.1 percent in Victoria.
 
Tabcorp's media and international arm, which broadcasts thoroughbred, harness and greyhound races and other sports to countries overseas, TAB outlets, hotels, clubs and pay TV subscribers, lifted its revenues by 4.2 percent to A$54.3 million.
 
The gaming services business, which helps gambling venues with the supply of gaming machines, loyalty programs, venue design and responsible gambling management, lifted revenue by 0.4 percent to A$24.2 million.



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MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

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MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

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