Tabcorp merger with Tatts off the agenda
August 10, 2008
Gaming giant Tabcorp Holdings Ltd says a merger with Tatts Group Ltd wouldn't be beneficial to the company.
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.
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.
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, 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.
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 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.
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, 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.
First round: plug the betting leak in...
Brokers believe Tabcorp's foray is defensive and it will be back for more.
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.
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.
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.
ASX slightly firmer with banks stronger
The Australian share closed marginally firmer, with the banking sector gaining ground and a slightly positive Wall Street adding to the buoyant local tone.
Babcock & Brown shares dive on fee...
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
Local punters moderate losing streak...
AFTER a disappointing nine months for James Packer's Crown Limited, in which investors had dumped stock amid fears the company was overexposed to the ailing US gaming market,...
08/20/08
Similar news about Crown Ltd.
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
Tabcorp recovers well after flu blow
AUSTRALIA'S largest gambling group, Tabcorp,has shaken off a disappointing start to the fiscal year, including the outbreak of horse flu and concerns that increasing costs were...