Tabcorp grows 3Q revenue by 1.9%

Wins for punters have kept third quarter wagering revenue growth for Tabcorp at just 0.5 per cent but Keno and gaming machines have lifted revenue.

Tabcorp's third quarter revenue is up 1.9 per cent compared to the same period last year, to $518.4 million.

The gambling company's revenue for the first nine months of 2015/16 was also up 1.9 per cent, at $1.65 billion.

Wins for customers kept third-quarter wagering and media revenue to $442.8 million, up 0.5 per cent, while gaming machines and Keno both returned revenue growth above 10 per cent for the three-month period.


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Source: AAP


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