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Tabcorp, Tatts propose $11.3b gambling mega merger

Two of Australia's biggest listed gambling businesses, Tabcorp and Tatts, have agreed to merge and create an $11.3 billion giant which will control more than 90 per cent of Australia's totalisator betting and generate revenues in excess of $5 billion.

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4/13/2018

article Tabcorp penalised by UKGC over Sun Bets "piegate" incident
(UK) -- The UK arm of Australian operator Tabcorp has agreed a £84,000 settlement with the UK Gambling Commission (UKGC) for offering odds on Sutton United reserve...
article Tabcorp Suffers UKGC Backlash for Self-Exclusion Management Failures
(UK) -- Today, the UK Gambling Commission (UKGC) revealed that it is to review the UK operating license of the Australian gaming, wagering and Keno operator Tabcorp...

12/5/2017

article ACCC accepts ruling over Tabcorp-Tatts merger
(Australia) -- The Australian Competition and Consumer Commission (ACCC) commented its intentions to not challenge the Australian Competition Tribunal’s (ACT)...

11/18/2017

article Tabcorp's rivals may have hope yet in new betting environment
(Australia) -- There were a few eyebrows raised when respected online bookmaker Dean Shannon recently established Neds, adding another name to an already crowded and...

11/17/2017

article ACT Greenlights Tabcorp-Tatts Merger Once Again
(Australia) -- The $11-billion merger deal between the gambling behemoths Tatts Group and Tabcorp seems to be back on track, after the Australian Competition Tribunal (...

10/24/2017

article Tabcorp pleads guilty to breaching rules with jelly beans and mints promotion
(Australia) -- Wagering giant Tabcorp has been hit with a $11,500 legal bill for breaching rules on a NSW gambling promotion that involved giving consumers jelly beans...

9/26/2017

article Date clash for vote on Tabcorp and Tatts $11 billion merger
(Australia) -- THE timetable set down by gambling heavyweights Tabcorp and Tatts to carry out their $11 billion merger has blown out despite a court win. Australian...

9/22/2017

article Australian Court delays Tabcorp-Tatts merger
(Australia) -- The multi-billion merger between Australian companies Tabcorp and Tatts that was supposed to be finalised in November is now in danger as the Federal...

9/10/2017

article TAB sell-off on the cards in WA
(Australia) -- The West Australian government might soon kickstart its asset privation program, as the state’s debt woes show no sign of abating. WA Treasurer Ben...
article Tabcorp steps closer to merging with Tatts
(Australia) -- Tabcorp Holdings is an important step closer to towards creating a merged gambling entertainment group with Tatts Group. Tabcorp says the combined company...

8/6/2017

article Tabcorp could sell Luxbet
(Australia) -- Tabcorp could look to sell or even close its Luxbet wagering business as its $11 billion merger with Tatts Group looms. Luxbet, which made an earnings...

8/4/2017

article Tabcorp hails progress in ‘strategically important’ year
(Australia) -- David Attenborough, chief executive of Tabcorp, has paid tribute to the firm’s performance during the 2017 financial year, describing the 12-month...

7/14/2017

article CrownBet against Tabcorp-Tatts merger
(Australia) -- CrownBet has appealed the attempt from Tabcorp and Tatts to merge their businesses, as it claims that is not beneficial for the Australian market.

7/11/2017

article ACCC launches fresh appeal against Tabcorp-Tatts merger
(Australia) -- The Australian Competition and Consumer Commission (ACCC) has applied to the Federal Court for a ‘justice review’ of the decision to approve...

7/3/2017

article Tabcorp bulks up on tech talent for online gambling battle
(Australia) -- Wagering, gaming and Keno operator Tabcorp has revealed that a hiring spree to boost its digital team from 30 people to more than 200 in the past three...

7/2/2017

article Tabcorp bulks up on tech talent for online gambling battle
(Australia) -- Wagering, gaming and Keno operator Tabcorp has revealed that a hiring spree to boost its digital team from 30 people to more than 200 in the past three...

6/5/2017

article Tabcorp-Tatts merger in doubt after ACCC opposes deal
(Australia) -- The planned merger between Tabcorp and Tatts Group is in danger of collapse after the Australian Competition and Consumer Commission (ACCC) formally...

5/31/2017

article Tatts not a competitor says merger suitor Tabcorp
(Australia) -- Tabcorp has sought to paint its merger partner Tatts Group as all but irrelevant in a competition sense in its closing submission to the hearing that will...

4/23/2017

article Why Racing.com, Crownbet and Racing Victoria are fighting Tabcorp deal
(Australia) -- Television and digital broadcasting of horse racing looms as the big battleground on which the $11 billion Tabcorp and Tatts Group merger will be fought....

4/10/2017

article Tabcorp hits back at CrownBet with NSW hotels wagering deal
(Australia) -- Australian betting operator Tabcorp Holdings has hit back at rival CrownBet’s invasion of its New South Wales retail turf. In February, CrownBet...
article Tabcorp Seals Exclusive Australian Hotels Association NSW Wagering Deal
(Australia) -- Australian gambling operator Tabcorp today announced that it has sealed a five-year wagering agreement with the Australian Hotels Association New South...

4/9/2017

article Tabcorp counter CrownBet club play with pub deal
(Australia) -- Tabcorp has struck an exclusive wagering deal with more than 1100 pubs and hotels in NSW, countering a recent ground-breaking partnership between rival...

3/31/2017

article Tabcorp Blasted Over Jelly Bean PR Stunt
(Australia) -- Tabcorp was heavily criticized this week for recklessly handing out packets of jelly beans, in a stunt that led to at least one respectable politician...

3/30/2017

article A Gambling Company Handed Out Jelly Beans Covered With Betting Ads
(Australia) -- The offending jelly beans were given to Greens MLC Justin Field at Sydney's busy Martin Place station on Thursday morning. Field happens to be the...

3/26/2017

article Suitors line up for Tabcorp’s Odyssey Gaming
(Australia) -- The electronic surveillance of gaming machines could be considered a niche industry, but a growing number of potential parties are starting to line up to...

3/24/2017

article Tabcorp : Australian Gaming Company Tabcorp Fined $45 Million for Anti-Trust Violations
(Australia) -- Gaming company Tabcorp has been fined $45 million for breaching anti-money laundering and anti-terrorism financing laws. The Federal Court found that...

3/18/2017

article Tabcorp : fined $45 million for breaching money laundering and terrorism financing laws
(Australia) -- Gaming company Tabcorp has been fined $45 million for breaching anti-money laundering and anti-terrorism financing laws. The massive fine imposed by the...

3/16/2017

article Tabcorp’s $90m hit on money laundering and terror rules
(Australia) -- Betting giant Tabcorp has been hit with a $90 million bill — including a record $45m fine from the financial intelligence agency — for ­...

3/14/2017

article Tabcorp switches regulatory supervisor for Tatts merger
(Australia) -- Tabcorp Holdings has confirmed that the Australian Competition Tribunal (ACT) is to assume regulatory supervision for its planned merger with Tatts Group.

3/8/2017

article Gaming services loom as likely concern in Tabcorp-Tatts merger
(Australia) -- Gaming services are tipped to be the “sleeper” issue as wagering giant Tabcorp waits to hear today what concerns the competition regulator has...

2/10/2017

article Tabcorp and CrownBet Go to War in New South Wales
(Australia) -- CrownBet’s incursion onto Tabcorp’s turf in New South Wales has set sparks flying. Earlier this week, the digital division of James Packers...

1/23/2017

article Tabcorp eyes world domination with new betting platform
(Australia) -- The biggest global venture in Tabcorp's 22-year history was never going to be easy. In late 2015, the gambling giant announced a partnership with...

11/28/2016

article Ladbrokes Coral considers bid for Australia’s Tabcorp
(Australia) -- Ladbrokes Coral has held discussions over the potential acquisition of Australian betting operator Tabcorp. According to various media reports, Ladbrokes...

11/27/2016

article Ladbrokes Coral Eyes Australian Expansion with Tabcorp Takeover Bid
(UK) -- Newly merged UK gambling operator Ladbrokes Coral may be looking to further expand its operations and global presence. It was reported earlier today that the...

11/26/2016

article Odds to Oz...UK-based Ladbrokes Coral in bid for betting giant Tabcorp
(UK) -- Britain's biggest bookmaker Ladbrokes Coral is planning an audacious multi-billion pound bid for Australia’s largest betting company, Tabcorp.
article Tabcorp Holdings Limited acquires 10% stake in Tatts Group
(Australia) -- In a strategic move designed to shore up its planned $8.18 billion merger with Tatts Group, Australian sportsbetting and gaming operator Tabcorp Holdings...

10/20/2016

article Australia’s Tabcorp Bets on Gambling Firm Tatts in $4.9 Billion Deal
(Australia) -- Australian betting firm Tabcorp Holdings Ltd. said Wednesday it would buy gambling company Tatts Group Ltd., in a deal that values it at around US$4.9...
article Tabcorp, Tatts propose $11.3b gambling mega merger
(Australia) -- Two of Australia's biggest listed gambling businesses, Tabcorp and Tatts, have agreed to merge and create an $11.3 billion giant which will control...
article Tabcorp-Tatts deal reflects that gambling can be as certain as death and taxes
(Australia) -- Amid the frayed nerves over the detention of 18 Crown Resorts employees in China, international observers could be forgiven for thinking that Australians...
article This $4.9 Billion Deal Would Create an Australian Gambling Powerhouse
(Australia) -- Australia’s Tabcorp Holdings has agreed to acquire rival Tatts Group for around A$6.4 billion ($4.9 billion), forming a gambling powerhouse in an...

10/18/2016

article Australia gambling giants Tabcorp and Tatts plan merger
(Australia) -- Two of Australia's biggest bookmakers plan to merge, as they try to compete against the rise of online betting. Tabcorp and Tatts Group - the country...
article Tatts and Tabcorp in Talks to Create A$9-Billion Betting Powerhouse
(Australia) -- Major Australian gambling operators Tatts Group and Tabcorp have renewed merger talks after previous consolidation efforts had not resulted in a deal...

8/10/2016

article Tabcorp employee accused of betting scam
(Australia) -- An employee of betting agency Tabcorp and his wife have been charged with more than 30 fraud offences over a scam where they cashed in $650,000 in...

8/3/2016

article Australia's Tabcorp posts profit plunge after UK gambling push
(Australia) -- Australia's largest wagering company Tabcorp on Thursday posted a 49 percent plunge in annual net profit to A$169.7 million ($129.21 million) due...

5/1/2016

article Gaming giant Tabcorp lifts revenue to $1.7b on increased wagering
(Australia) -- Gaming giant Tabcorp has increased group revenue 1.9 per cent to $1.65 billion for the financial year to date boosted by a modest lift from its wagering...

4/28/2016

article Government bans online in-play betting on sports dealing blow to Tom Waterhouse
(Australia) -- Tabcorp chief executive David Attenborough said overseas bookmakers only had themselves to blame after the federal government strengthened a ban on online...

3/21/2016

article Australia bourse chief quits amid Tabcorp bribery probe
(Australia) -- Australian bourse operator ASX Ltd said its chief executive officer has quit as police investigate allegations of bribery at gambling company Tabcorp...

3/15/2016

article Tabcorp’s payment to Cambodian PM to be examined by anti-bribery agencies
(Cambodia) -- A $200,000 (US$150,300) payment, which was allegedly made as part of a previous attempt to secure a lucrative online gaming licence in Cambodia is being...

3/14/2016

article Tabcorp's murky Cambodian adventure
(Australia) -- Seven years ago, two senior employees from gaming giant Tabcorp flew into Cambodia on a potentially risky but also possibly hugely lucrative mission.

3/2/2016

article Gaming giants lose $1.226b in High Court compo bid
(Australia) -- The High Court of Australia has found against gambling giants Tatts Group and Tabcorp in their attempt to force the Victorian government to pay them $1....
article Tatts Group ordered to repay $541m pokies judgment to Victoria
(Australia) -- Australian betting operator Tatts Group has been ordered to repay a $541m judgment it won from the state of Victoria over a cancelled video poker (pokies...

2/28/2016

article Tabcorp's bet on UK punters
(Australia) -- David Attenborough may be most of the way through getting his Australian citizenship, but the British-born Tabcorp chief executive will be keeping a close...

2/11/2016

article Adam Ruffett to Oversee Tabcorp’s New UK Online Business Launch
(UK) -- Adam Ruffett, Head of Casino at online gambling operator Unibet Group plc, has reportedly left his post and has joined Australian gaming company Tabcorp Holdings...
article Tabcorp poach Unibet's former head of casino for new Sun Bets site
(UK) -- Australian wagering operator Tabcorp has poached Unibet’s top casino exec to help run its new UK-facing online betting site. On Thursday, eGaming Review...

1/15/2016

article Morgan Stanley: fantasy sports could be a key to Tabcorp turnaround
(Australia) -- Morgan Stanley has cut Tabcorp’s earnings forecast due increasing pressure from foreign-backed online bookmakers such as Paddy Power, William Hill,...

7/23/2015

article Tabcorp admits failings in 'dirty money' compliance claims
(Australia) -- Wagering giant Tabcorp has admitted failing to inform the government's counter-terrorism financing regulator of suspicious transactions as it battles...
article Tabcorp fraud allegations: potential overhaul of compliance systems
(Australia) -- Gambling operator Tabcorp could be forced to overhaul its compliance systems after being caught out by the financial intelligence agency for not adhering...

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