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Tabcorp ranked Number 1 for Dow Jones Sustainability Index for 2014
Friday September 12,2014 : IMPORTANT AWARD FOR TABCORP
Aussie gambling group a leader in "sustainable gaming".
The major Australian online and land gambling group Tabcorp has for the tenth time been ranked as the global gambling industry leader in the annual Dow Jones Sustainability Index for 2014.
The company received a 100 percent rating in the ‘Promoting Responsible Gaming’ category, a maximum rating it has received in this category for eight successive years.
Tabcorp managing director and CEO, David Attenborough said Friday that the group is committed to operating sustainably.
“Tabcorp’s continued global leadership in the Dow Jones Sustainability Index is a testament to our commitment to a high standard of governance,” Attenborough said, adding that the company operates with integrity and to the benefit of a wide range of stakeholders that includes investors, the racing industry and hotel and club partners.
Of the criterion on which 23 companies from across the globe in the casino and gaming sector were assessed, Tabcorp received the top score in 11 of the 19 measures.
Dow Jones assessed Tabcorp across economic, environmental and social dimensions. In addition to promoting responsible gambling, Tabcorp’s other leading measures in its sustainability ranking include stakeholder engagement, anti-crime policy/measures, brand management, corporate governance and talent attraction and retention.
In the 2014 financial year, Tabcorp’s businesses generated more than $500 million in taxes on gambling and income taxes paid and payable. The group is additionally the single largest supporter of the Australian racing industry, returning A$735 million last financial year.
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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