Wednesday, October 4, 2023

Tag: Paula Dwyer

Tatts Tabcorp merger given green light

Betting Business merger
Shares in Tatts and Tabcorp climbed five percent a piece on midsummer’s eve when news broke that the duo’s long-conceived tie-up merger had finally been approved. The realisation of Tatts-Tabcorp had been resisted for over a decade, by the Australian Competition and Consumer Commission (ACCC), rival bookmakers and Racing Victoria. The deal would diminish competition for licences and broadcast rights,...

Tatts and Tabcorp in last-ditch attempt to win back Aussie market

Betting Business Tatts and Tabcorp
As competition hots up in Australia’s online gambling markets, the two biggest firms - Tatts Group and Tabcorp - on the island have announced a £7bn merger to protect their market share.   The two biggest players in Australian gaming are looking to join forces, in an attempt to fend off foreign rivals making gains in their home market. Previously state-owned enterprises,...