Between a rock and a write-down
August 8, 2008
Michael Evans scales dizzy heights in his search for adventure.
Tabcorp suffers as whales stay home
TABCORP has reported a dramatic slump in the amount gambled by Asian high rollers visiting its casinos in the past year, because they prefer to gamble closer to home.
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.
Tabcorp applies for NT wagering licence
Tabcorp Holdings says it has lodged an application with the NT government for a racing and sports wagering licence.
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.
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 plummet
Shares in Tabcorp and Tatts Group plunged as investors reacted to a decision to end the companies' pokies duopoly in Victoria.
Market dips as Tabcorp, Tatts slump
Australian shares fell 0.5%, as Tabcorp and Tatts Group tumble on the loss of a key market for their slot machines.
Tabcorp, Tatts shares plunge
Tabcorp and Tattersall's shares plunge after the Victorian government announces "gameover" for the licensening duopoly.
Tabcorp reports $164.6m loss
Tabcorp has reported a loss of $164.6 million as the Victorian Government says it won't compensate the gaming company for terminating its licence in the state.
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.
Tabcorp books a loss
Tabcorp reports a net loss after tax of $164.6 million after taking a charge on Victorian gaming licences.
Betting on casinos too much like...
TABCORP has shelved plans to spin off its casino business to increase its valuation and attract takeover bids, amid fears the turmoil on the sharemarkets and the high cost of...
Tabcorp to spend over $300m on Star City
Tabcorp Holdings Ltd will spend more than the $300 million originally planned for the expansion and refurbishment of its Star City casino in Sydney.
Tabcorp to spend on Star City casino
Tabcorp said it would spend more than originally planned on refurbishing and expanding its Star City casino after it booked a stronger interim profit.
Westpac's issue of convertible shares...
Westpac's $600 million convertible preference share issue is the third from a major financial group in a month-and-a-half but it won't be the last.
Stormy times at Suncorp
The storms in the weather and the markets have cost Suncorp some $800 million and job cuts loom.
08/04/08
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Tabcorp applies for NT wagering licence
Gaming giant Tabcorp has lodged an application with the NT government in a bid to grab back some of the gambling revenue lost to the territory from Victoria and NSW.
Tabcorp: if you can't beat them, join them
THE gambling giant Tabcorp is to join its much smaller corporate betting rivals in the Northern Territory, after attempts to smother the fledgling competitors failed.
Suncorp raids kitty for payout
Suncorp will dip into its cash reserves to pay a flat final dividend, after warning that its full-year net profit will fall as much as 50 per cent.
Tabcorp, Tatts enter trading halt
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.
Tabcorp reports H1 profit of $273.4m
Gaming form Tabcorp says its expects tougher trading conditions ahead, after reporting a 22 per cent rise in first half net profit to $273.4 million.
Transurban toll revenue jumps
Toll road operator Transurban has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States, helped by higher traffic volumes...
First round: plug the betting leak in...
Brokers believe Tabcorp's foray is defensive and it will be back for more.