{"id":44593,"date":"2021-02-17T10:12:28","date_gmt":"2021-02-17T10:12:28","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=44593"},"modified":"2021-02-17T10:12:28","modified_gmt":"2021-02-17T10:12:28","slug":"tabcorp-h1-results-dip","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/tabcorp-h1-results-dip\/","title":{"rendered":"Tabcorp H1 Results Dip"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-28372\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/12\/tabcorp-300x87.jpg\" alt=\"\" width=\"300\" height=\"87\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/12\/tabcorp-300x87.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/12\/tabcorp.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Tabcorp the Australian <a href=\"https:\/\/igamingpost.com\/q3-fall-in-revenues-for-tabcorp\/\">gaming company<\/a> has announced its first-half results for 2020\/2021 showing a drop of 2% in revenues for the period compare to last year to A$2.8 billion.<\/p>\n<p style=\"text-align: left;\">The companies net profits were down 7% to A$185 million after tax compared to A$199 million in 2019\/2020.<\/p>\n<p style=\"text-align: left;\">Tabcorp which has received an offer to acquire the company by UK based <a href=\"https:\/\/igamingpost.com\/entain-makes-offer-for-australian-gaming-giant\/\">Entain<\/a> for around \u00a35.6 billion has yet to respond to the bid by the online gaming company.<\/p>\n<p style=\"text-align: left;\">However David Attenborough said on the latest figures: \u00a0\u201cThe COVID-19 pandemic continued to impact <a href=\"https:\/\/igamingpost.com\/q3-fall-in-revenues-for-tabcorp\/\">Tabcorp\u2019s<\/a> group earnings in H121, with the retail closures and restrictions, especially in Victoria, having a material impact.\u201c He continued by saying.&#8221;COVID-19 has clearly demonstrated the importance of serving customers with a seamless, multi-channel experience.\u201d<span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p style=\"text-align: left;\">\u00a0\u201cAll three businesses are well positioned for the second half and we will continue to unlock digital growth, drive operational improvements and optimise costs,\u201d Attenborough in closing. \u201cWe are committed to working with our industry partners to help them recover from the disruption COVID-19 has had on their operations. We are also committed to helping our industry partners reconnect with their customers and reinvigorate venues and racetracks across Australia.\u201d<span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tabcorp the Australian gaming company has announced its first-half results for 2020\/2021 showing a drop of 2% in revenues for the period compare to last year to A$2.8 billion. The companies net profits were down 7% to A$185 million after tax compared to A$199 million in 2019\/2020. Tabcorp which has received an offer to acquire [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":25428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123,11,3,8],"tags":[],"class_list":["post-44593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-headlines","category-igaming","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tabcorp H1 Results Dip - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/tabcorp-h1-results-dip\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tabcorp H1 Results Dip - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Tabcorp the Australian gaming company has announced its first-half results for 2020\/2021 showing a drop of 2% in revenues for the period compare to last year to A$2.8 billion. The companies net profits were down 7% to A$185 million after tax compared to A$199 million in 2019\/2020. 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