TabCorp is one of the leading bookmakers and gambling operators in Australia. The company brings in millions of dollars every year in gaming taxes that benefit the local economy – but, much of those profits are now considered ‘dirty money’ as TabCorp faces money laundering charges. This week, The Federal Court has accused of 61[…]
Sportbet has hit out at TAB outlets and clubs for holding back online innovation because they are concerned about their revenue. The Irish gambling organization Paddy Power has expressed concern that the monopoly position has been owned by the Tabcorp and Tatts is unfair, given that the Federal government puts pressure on the corporate bookmakers[…]
Last week, Tatts Group and TabCorp announced that they would be suing the Victorian government for cancelling their duopoly on poker machines in the state. The two companies want $1.2 billion from the government, feeling that they are entitled to compensation; however, the state of Victoria does not feel the same way. For over a[…]
Tatts Group has lost its grip on the Australian pokies market, and the operator will have to focus on other outlets in order to keep its revenue up. Fortunately, the company’s non-pokies products continue to thrive; so, Tatts Group should have no problem shifting its focus to it lottery and betting brands. This week, it[…]
Local headlines have been rife with stories of Tatts Group and TabCorp launching a $1.2 billion lawsuit against the Victoria government. The reason for this is the government’s termination of their pokies duopoly – but why has it come to that? What most news outlets fail to mention is that the Victorian government refused to[…]
Now that the local government is considering the possibility of legalizing online poker in Australia, several companies have expressed their interest in the market. Despite only offering sportsbetting activities online, TabCorp has announced that it would like to venture into online poker if the activity is legalized in the future. TabCorp CEO David Attenborough believes[…]