Tabcorp Holdings Limited (TACBY)
Tabcorp Holdings Limited operates in the Gambling, Resorts & Casinos industry of the Consumer Cyclical sector, headquartered in Melbourne, VIC, AU. The stock last traded at $0.75, down 11.97% on the session, giving a market capitalisation of $972.2M. On trailing twelve-month figures it carries a trailing P/E of 63.54, a net margin of 1.5%. Its beta of 0.77 implies it has historically moved less than the broad market.
Tabcorp Holdings Limited, alongside its affiliated companies, offers a comprehensive range of wagering and entertainment services throughout Australia. The company's operations are distinctly divided into two primary segments: Wagering and Media, and Gaming Services. The Wagering and Media division makes its offerings available through an extensive network comprising TAB agencies, various hotels and clubs, and on-course operations. Customers can also access these services via traditional retail channels, internet platforms, mobile applications, and telephone betting. This segment additionally provides "Trackside," a computer-simulated racing product, alongside international betting and pooling functionalities. Furthermore, Tabcorp manages three Sky Racing television channels, which broadcast live coverage of thoroughbred, harness, and greyhound racing. It also offers Sky Racing Active, a digital application delivering live and on-demand content for these racing codes, and operates the Sky Sports Radio network. The Gaming Services division focuses on the oversight and related support for electronic gaming machines (EGMs). It is responsible for the supply of EGMs and integrated systems, offering expert knowledge and tailored strategic consultation to licensed gaming establishments. This includes providing valuable supplementary services such as gaming and loyalty programs, business intelligence analytics, and cashless and ticket-in/ticket-out solutions. Additionally, this division handles logistics, installation, and relocation tasks, and provides repair and upkeep for EGMs, lottery and betting terminals, and various other transactional equipment. Established in 1881, Tabcorp Holdings Limited maintains its headquarters in Melbourne, Australia.
Tabcorp Holdings Limited is most often compared with the following Consumer Cyclical names: