Daily News Archive

Search nearly 75,000 unique Daily News articles.

Daily News Subscription

Tabcorp Revenue Up

Tuesday, 5th May 2015

Tabcorp has reported an increase in revenue for the last quarter, boosting growth for the 2014-15 financial year to 5.6 per cent, reports racingandsports.com.au. For the quarter ending 31 March, revenue had climbed to more than $508.7 million, up 3.3 per cent on the corresponding period in 2014. "Tabcorp achieved revenue growth in the third quarter, driven by the performance of our wagering and media business," said Managing Director and Chief Executive Officer, David Attenborough. Total TAB racing revenue in the third quarter increased by 6.3 per cent to $396.7 million. This growth was driven by Fixed Odds products with revenues of $105.8 million, up 31.9 per cent.

« Previous
Return to
5th May 2015 News
Next »