Keyword Analysis & Research: Tabcorp_Holdings

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What is Tabcorp Holdings Limited?

Tabcorp Holdings Limited (TAH) is into the provision of gambling and entertainment services. Tabcorp's portfolio of brands include TAB, Keno, The Lott , George, Max, TGS, eBET and Sky Racing .The Group has four operating segments namely Wagering and Media, Lotteries and Keno, Gaming Services.

Is Tabcorp listed on the ASX?

Tabcorp is listed on the Australian Securities Exchange (ASX). In 2017, Tatts Group combined with Tabcorp Holdings Limited to create a diversified entertainment group under the Tabcorp brand. The following year UBET was transitioned back into the flagship TAB brand.

What happened to Tabcorp?

In 1999, Tabcorp announced the acquisition of Star City Holdings and in 2000 it acquired Structured Data Systems which developed wagering and Keno systems and animated games. Tabcorp merged with Jupiters in November 2003 and in 2004 took over Tab Limited, the New South Wales based wagering and media company, including Sky Channel.

Why is Tabcorp's share price declining?

Today’s decline has been driven by the demerger of its lottery and Keno businesses into a separate listed entity – The Lottery Corporation Limited ( ASX: TLC ). This was a major part of the Tabcorp business, contributing 55% or $611 million of Tabcorp’s EBITDA in FY 2021.

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