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Tabcorp News
Top Architects Involved in Singapore Casinos
24 Mar 2005
International News Brief: Some of the world’s top architects have been hired to design Singapore’s first casino.
Tabcorp Reports Profit Up
24 Feb 2005
International News Brief: The country's largest gambling group, Tabcorp, has announced a 47 per cent increase in half-year net profit to $254 million.
Tabcorp, Packer Vie for Singapore Casino License
15 Feb 2005
International News Brief: Gaming giant Tabcorp is set to take on Kerry Packer's Publishing & Broadcasting Ltd and a host of US gaming operators in the multi-million-dollar battle to create Singapore's first casino.
Tabcorp Raises $700 Million
23 Dec 2004
Tabcorp Holdings Ltd., Australia's biggest gaming company, raised $700 million in a U.S. debt sale to fund its acquisition of Tab Ltd.
Pokies Addicts to Sue for Loss
8 Dec 2004
International News Brief: Pokies addicts may sue Tattersall's, Tabcorp, Crown casino and the Victorian Government in an Australian-first class action.
Tabcorp to Focus on Acquisitions
29 Nov 2004
International News Brief: Expanding into Britain and Macau are on the menu but Tabcorp's plate is currently full, the gambling giant said yesterday.
Tabcorp to Consolidate Casino Management
5 Nov 2004
International News Brief: Tabcorp Holdings, which owns Jupiters Casino on the Gold Coast and the Treasury Casino in Brisbane, will have its own management team at the properties from the middle of this month.
TABCORP Raises Savings Target
12 Oct 2004
International News Brief: TABCORP chief Matthew Slatter has raised the savings target likely to be made from bringing Jupiters casino into the fold.
Tabcorp to Restart High-Roller Operation
14 Sep 2004
International News Brief: Tabcorp Holdings has plans to restart its high-roller operation at Sydney's Star City casino soon, a source says.
Tabcorp Extends Offer Period
30 Jul 2004
International News Brief: Gambling conglomerate Tabcorp Holdings Ltd has further extended the offer period of its takeover bid for NSW-based Tab Ltd to allow the last remaining Tab shareholders to accept the proposal.
Tabcorp Close On Casino Management Buyout
29 Jul 2004
Tabcorp Holdings Ltd. is close to completing a deal to acquire management contracts for its casinos from U.S. Caesars Entertainment Inc., according to a source.
Tabcorp Policy Probed
29 Jun 2004
International News Brief: Victorian Premier Steve Bracks says he will seek further advice about Tabcorp's move to penalise account holders for not betting.
TAB Accepts Tabcorp Takeover Bid
27 May 2004
International News Brief: TAB accepted a sweetened takeover bid from larger rival Tabcorp Holdings yesterday, ending a seven-month battle.
Tabcorp Delivers Knockout Blow
23 Apr 2004
International News Brief: Victoria's Tabcorp has taken a stranglehold on the country's gambling industry, delivering what appears to be a knockout blow in the AUD$2 billion battle for control of Sydney-based TAB Ltd.
Tabcorp's Outlook Cut
2 Mar 2004
Tabcorp Holdings Ltd. was cut to ‘marketperform’ from ‘outperform’ by Goldman Sachs JBWere because of concern it may have less of an advantage than first thought in acquiring Tab Ltd.
Tabcorp Makes Counter-Offer for TAB
23 Feb 2004
International News Brief: Tabcorp yesterday charged back into the takeover battle for the NSW TAB with a AUD$2 billion counter-offer promising more cash than the rival tilt from Queensland's Unitab.
Tabcorp Anticipates Higher Profits
19 Feb 2004
International News Brief: Tabcorp Holdings expects profit for 2003/04 to be 20-25 per cent higher than the previous year.
Australian Regulators Won't Block Merger
17 Dec 2003
International News Brief: Tabcorp Holdings Ltd.'s proposal to bid for smaller gaming company rival Tab Ltd. won't be blocked by Australia's Competition & Consumer Commission.
Bets Split Over Australian Gaming Merger
15 Dec 2003
International News Brief: The TAB board is caught in the awkward position of appearing to support an offer it knows it cannot support much longer while trying to talk down the appeal of a proposal that it knows is appealing.
Sportsbooks Support TAB Merger Conditionally
25 Nov 2003
International News Brief: Tabcorp's proposed $2.3 billion takeover of NSW TAB has won conditional support from some of its biggest competitors, the online sports betting agencies.
Board Won't Block TAB Mergers
18 Nov 2003
International News Brief: The New South Wales Thoroughbred Racing Board says it will not stand in the way of a proposed merger of the state’s TAB Ltd. pari-mutuel betting service with UNITAB or the takeover attempt by TABCORP of TAB Ltd.
TAB Weighs Tabcorp Takeover
7 Nov 2003
International News Brief: Advisers to TAB will work through the weekend to provide information to the NSW gambling company as to how to proceed with Tabcorp's merger proposal.
Australian Market Punters Bet on TAB
6 Nov 2003
International News Brief: Market punters piled out of Queensland's UNiTAB and into TAB Ltd yesterday as bets were placed on the likely outcome of Tabcorp's ambitious AUD$2.3 billion tilt for the NSW gaming group.
Australian Groups to Merge
5 Nov 2003
International News Brief: Victorian-based Tabcorp has announced plans to merge with New South Wales gaming group, TAB.
Tabcorp, Jupiters Merger Clears Final Hurdle
31 Oct 2003
International News Brief: The AUD$1.7 billion merger between gaming groups Jupiters Ltd and Tabcorp Holding Ltd cleared its final hurdle, with regulatory approval obtained from the courts.
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