Tabcorp Holdings Limited (AU:TAH) has released an update.
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Tabcorp Holdings Limited has secured a 20-year exclusive wagering and betting license in Victoria, boosting its market position with new digital products and upgraded retail venues. The company is undergoing a transformation under the Genesis program, achieving $25 million in pre-tax savings and transitioning its Gaming Services to a high-value integrity services firm. With these strategic moves and the appointment of Gillon McLachlan as the new CEO, Tabcorp is poised for future growth and aims to deliver long-term shareholder value.
For further insights into AU:TAH stock, check out TipRanks’ Stock Analysis page.
