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TabCorp reported a strong H1/2015 period
Friday February 6,2015 : TABCORP DIGITAL FOCUS PAYING DIVIDENDS
New fiscal year focus on continued integration of digital and retail
TabCorp reported a strong H1/2015 period saying its digital and retail integration is evolving nicely.
The Group posted a Net Profit After Tax (NPAT) of AUD 122.4 million representing a 64.1 percent increase on the prior corresponding period (PCP).
NPAT before significant items was up 21.8 percent to AUD 90.9 million and earnings per share was up 61.6 percent to 11.9 cents each.
EBITDA was AUD 261.3 million, up 7.2 percent, while revenues amounted to AUD 1,115.2 million an increase of 6.7 percent.
The company reported a robust performance from its wagering business, digital and fixed odds growth.
“Tabcorp’s positive 1H15 performance reflects the benefits of the continued transformation of our business and ongoing investment in our unique multi-channel distribution model,” said Managing Director and Chief Executive Officer David Attenborough.
“Our market leadership in fixed odds and digital wagering continues, with strong growth achieved in both segments during the first half.”
Tabcorp’s integration of its exclusive retail and digital channels will continue as a priority in the second half bolstered by a good performance in the six months prior.
- Digital turnover amounted to $1,763 million, an increase of 21.7 percent.
- Mobile made up 63 percent of Tabcorp’s digital wagering turnover, an increase of 51 percent PCP.
“Tabcorp remains committed to investing in the customer experience across our portfolio of gambling businesses and continuing to drive improvements in productivity. This will deliver increased returns to shareholders,” Attenborough added.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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