| Tabcorp Holdings Limited | |
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 |
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| Type | Public(ASX:TAH) |
| Founded | Melbourne, Australia, 1994 privatisation of Victorian TAB |
| Headquarters | Melbourne, Australia |
| Key people | Michael Robinson, Chairman Elmer Funke Kupper, Managing Director & CEO |
| Industry | Gambling |
| Products | Totalizator wagering Casinos Gaming machines |
| Revenue | $2. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc Melbourne ( is the second most populous city in Australia, with a Metropolitan area population of approximately 3 Year 1994 ( MCMXCIV) was a Common year starting on Saturday (link will display full 1994 Gregorian calendar) Melbourne ( is the second most populous city in Australia, with a Metropolitan area population of approximately 3 For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 46 billion AUD (2004) |
| Employees | 12000 (2004) |
| Website | www.tabcorp.com.au |
Tabcorp Holdings is an Australian company with interests in gaming and wagering. The Australian dollar ( sign: $; code: AUD) is the Currency of the Commonwealth of Australia, including Christmas "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Employment is a Contract between two parties, one being the employer and the other being the employee. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages It was formed through the privatisation of the Victorian Totalizator Agency Board (TAB) in 1994. Totalizator Agency Board in Australia and New Zealand universally shortened to TAB, is the name given to monopoly Totalisator organisations Year 1994 ( MCMXCIV) was a Common year starting on Saturday (link will display full 1994 Gregorian calendar) The TAB ran all off-track betting on horse racing, greyhound racing, and harness racing in Victoria, as well as on-course totalizator betting. This article is about the sport For other uses see Horserace (drinking game or Horse race (politics. A tote board is a large numeric or alphanumeric display used to convey information typically at a Race track (to display the odds or payoffs for each horse or at a Since privatisation Tabcorp has diversified into other forms of gambling. It now has four major areas of activity:
- It owns and operates four casino-hotel complexes; Star City Casino in Sydney, the Conrad Jupiters on the Gold Coast, Conrad Treasury Casino in Brisbane and Jupiters Townsville in Townsville. A casino is in the modern sense of the word a facility that houses and accommodates certain types of Gambling activities For the UK casino see Star City Birmingham. Star City Hotel and Casino (formerly Sydney Harbour Casino)is the second largest Casino in Australia Sydney (ˈsɪdniː is the most populous city in Australia, with a Metropolitan area population of approximately 4 Conrad Jupiters is a Casino and hotel complex in the suburb of Broadbeach on the Gold Coast in Queensland, Australia. This article is about the Australian city Gold Coast For other uses see Gold Coast. The Conrad Treasury Casino is a casino in Brisbane, Queensland, Australia. Brisbane ( is the state capital of Queensland. Brisbane is the third most populous city in Australia and the most populous city of Queensland In 2004, these provided 41% of earnings.
- It operates poker machines in many venues across Victoria; with it and Tattersalls the only two companies permitted to run the devices. A slot machine ( American) fruit machine ( British) or poker machine ( Australian) is a Casino gambling machine with three See also Tattersall's Limited for the Australian gambling organisation It has a joint venture with Tattersalls to run keno games in hotels across the state. This article describes the lottery game For the radio station see KENO. In 2004, 26% of earnings came from gaming.
- It continues to operate off-course and on-course totalizer betting throughout Victoria and now New South Wales (through the acquisition of its privatised NSW equivalent Tab Limited) Betting is now available from many pubs as well as the traditional separate TAB betting shops, and the TAB offers bets on many sports activities other than horse racing. 28% of earnings came from wagering.
- It operates Sky Channel, a national horse racing television network which broadcasts into TAB outlets and hotels, as well as a NSW-wide radio network. Sky Racing is an Australian horse and greyhound racing television channel These provided 5% of earnings in 2004.
Tabcorp's operations employ about 12,000 people. Net profit after tax was approximately $471 million AUD in 2003-04, on revenues of about 2,500 million AUD.
Gambling, and especially "pokies" remain a somewhat contentious political issue in Australia, and like all gaming operators the efforts of Tabcorp to grow its gaming revenue can be politically controversial. Anti-gambling activists have noted that Tabcorp and its competitor have increasingly moved their allocated quota of poker machines around the state to maximise revenue, thus resulting in concentration of machines in working-class areas.
An investigation by news.com.au reporters Will Temple and David Higgins released on August 22nd 2007 claims that Tabcorp had secret approval from the NSW government to loan money to “select high value wagering customers”. News Limited was the principal holding for the business interests of Rupert Murdoch until the formation of News Corporation in 1979 [1]
Incomplete acquisitions history
- 2003 (13 November): merger of Jupiters Limited and TABCORP Holdings Limited forms TABCORP[1]
- 2000 (28 February): AWA Limited taken over by Jupiters Limited[2]
- 1988 (13 January): Amalgamated Wireless Australasia Limited changes name to AWA Limited[3]
References
- ^ Welcome to Jupiters Limited's Website. Melbourne ( is the second most populous city in Australia, with a Metropolitan area population of approximately 3 Notice of Merger. Retrieved on February 26, 2006.
- ^ AWA Limited. Company Information from deListed. Retrieved on February 26, 2006.
- ^ Amalgamated Wireless Australasia Limited (AWA). Company Information from deListed. Retrieved on February 26, 2006.
External links
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