For USD 105 million
Tabcorp secures long-term licences with acquisition of ACTTAB
(Australia).- Tabcorp announced the acquisition of government owned ACTTAB, which runs sports betting, Keno and betting on racecourses for USD 105 million.
2014-07-31
Reading time 29 seg
(Australia).- Tabcorp announced the acquisition of government owned ACTTAB, which runs sports betting, Keno and betting on racecourses for USD 105 million.
The deal includes the government issuing Tabcorp with a totaliser and sports bookmaking licence, while the company will pay an annual USD 1 million licence fee.
“The acquisition of ACTTAB presents a unique opportunity for Tabcorp to secure long-term licences on highly favourable terms in a jurisdiction that is complementary to our existing wagering and Keno businesses in Victoria and New South Wales,” said David Attenborough boss of Tabcorp.
“We look forward to leveraging our capabilities to strengthen the product offering available to ACTTAB customers and to deliver the best outcome for the racing industry and other stakeholders including our venue and community partners,” he concluded.
Leave your comment
RELATED NEWS
Barriers to sportsbook adoption challenged
SOFTSWISS hosts live panel on the missed opportunities of not having a sportsbook
Zero-risk revenue model
Slotegrator announces launch of Predictor, a prediction market engine for iGaming brands
COMPANIES
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
NYCE Marketplace
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
May 12–14, Venetian Macao
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
