Blow for Tabcorp and Tatts
April 10, 2008
THE gambling giants Tatts Group and Tabcorp could lose heavily after the Victorian Government decided to end their stranglehold over the poker machine industry after 2012.
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Tatts, Tabcorp shares plummet
Shares in Tabcorp and Tatts Group plunged as investors reacted to a decision to end the companies' pokies duopoly in Victoria.
Tabcorp applies for NT wagering licence
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Tabcorp, Tatts shares plunge
Tabcorp and Tattersall's shares plunge after the Victorian government announces "gameover" for the licensening duopoly.
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Shares in gaming companies Tabcorp Holdings and Tatts Group have been placed in trading halts.
Tabcorp, Tatts lose poker machine...
Shares in Tabcorp and Tatts Group are placed on trading halts after the government ends their duopoly over Victoria's 27,500 poker machines.
Tatts flirts with Tabcorp
Tatts Group says merging parts of its business with rival Tabcorp Holdings may make sense, following tougher state controls on their operations.
Tatts, Tabcorp shares plunge
Shares in gaming giants Tabcorp Holdings Ltd and Tatts Group Ltd plunged when they resumed trading on Friday on the Australian stock exchange.
Tabcorp merger with Tatts off the agenda
Gaming giant Tabcorp Holdings Ltd says a merger with Tatts Group Ltd wouldn't be beneficial to the company.
Horse flu saps Tabcorp earnings
Australian gaming group Tabcorp Holdings said on Thursday first-half profit fell 3%, hit by an outbreak of horse influenza, and said it faced tougher trading conditions.
Tatts boss sees benefit of Tabcorp link
Tatts Group Ltd's boss Dick McIlwain has acknowledged the potential benefits of merging some of his gaming empire at least with rival Tabcorp Holdings Ltd.
Good luck hard to find as Tabcorp takes a cut to dealer
Elmer Funke Kupper took up the reins of one of the most challenged large companies on the Australian bourse last year, Tabcorp. He has since been cornered by government decisions detrimental to his business and mistakes by his predecessor.
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