Tabcorp Holdings Ltd - Company Profile

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Tabcorp Holdings Ltd: Segment Analysis

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Business Description

Tabcorp Holdings Ltd (Tabcorp) provides gaming and venue services. It offers betting experiences on racing and sporting events across retail and digital channels. The company supplies electronic gaming machines and specialized services to licensed gaming venues; and distributes thoroughbred, harness and greyhound racing and other sports in TAB outlets, pay TV subscribers, hotels, clubs, and other licensed venues. In FY2023, the company had about 805,000 active registered customers and 4,000 retail venues. It had AUD2,572.5 million net assets.

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Business Segments

Overview

Operates under two MAX brand and classifies its business activities in two units: MAX Regulatory Services and MAX Venue Services. Its MAX Regulatory Services offers electronic gaming machine (EGM) monitoring and related services across Queensland, NSW, and the Northern Territory. MAX Venue Services offers a range of services, which include value-add services to venues in Queensland, Tasmania, NSW, Victoria, the ACT and the Northern Territory such as gaming and loyalty systems, business intelligence tools, gaming machine and systems supply and expertise, and cashless and ticket in ticket out (TITO) services; specialized services and strategic advice to licensed gaming venues in Victoria and NSW; and logistics, relocation, installation, repair and maintenance of EGMs, lottery and wagering terminals and other transaction devices across Australia.

Performance

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Overview

Offers totalizator and fixed odds betting on racing, sporting and other events. It operates through a network of TAB agencies, hotels and clubs, and on-course operations in Victoria, New South Wales (NSW), Queensland, South Australia, Tasmania, Northern Territory and the Australian Capital Territory (ACT). Its Wagering channels include internet, retail, mobile devices and phone. Three Sky Racing television channels broadcasts thoroughbred, harness and greyhound racing and other sports in TAB outlets, clubs, hotels, other licensed venues, and homes-to-pay TV subscribers. Offers Sky Racing Active, an app that gives users access to all of Sky Racing's live and on-demand horse racing material (with the exception of that for thoroughbred racing in Victoria and South Australia). The app enables users to make their own showcases and playlists for racing. Through the Sky Racing World vision distribution hub in the US, the company offers broadcasts of Australian racing throughout Australia, distributes Australian and international racing to other nations, and imports racing from other countries into Australia. The firm has advertising and sponsorship agreements with Radio Sport National, the Sky Sports Radio network is active in New South Wales and the Australian Capital Territory, the RadioTAB network is active in Queensland, South Australia, Tasmania, and the Northern Territory.

Performance

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