- CEO
- Gillon McLachlan
- Full Time Employees
- 5,100
- Sector
- Consumer services
- Industry
- Movies/Entertainment
- Address
- Tower 2, Collins Square Melbourne VIC Australia 3008
- IPO Date
- Aug 15, 1994
- Business
- Tabcorp Holdings Limited is a leading Australian company primarily engaged in the provision of wagering, media, and gaming services. The company operates through two main segments: Wagering and Media, which includes totalizator and fixed odds betting under its flagship TAB brand accessible both online and through an extensive retail network across most Australian states and territories; and Gaming Services, which offers regulatory monitoring, compliance, and technology solutions for licensed gaming venues through its MAX brand. Tabcorp also owns and operates media businesses including Sky Racing and Sky Sports Radio, which broadcast racing and sports content across Australia and internationally. Founded in 1994 and headquartered in Melbourne, Australia, Tabcorp serves both retail customers and industry stakeholders in the wagering and gaming sectors.
Recent major developments within the past two years include the company's transformation program called Genesis, which has driven significant pre-tax cost savings of approximately AUD 25 million and refocused the Gaming Services segment towards high-value integrity services. In August 2024, Tabcorp secured a 20-year exclusive wagering and betting license in Victoria, strengthening its competitive position and enabling the expansion of its digital product offerings and upgraded retail venues. The company has also implemented a new leadership structure, introducing roles such as Chief Wagering Officer and Chief Commercial and Media Officer to integrate its wagering and media operations better and capitalize on growth opportunities. Additionally, Tabcorp demerged its Lotteries and Keno businesses in 2022, creating The Lottery Corporation as a separately listed entity, allowing Tabcorp to concentrate on its wagering and gaming services. Operational efficiency measures, including cost reduction initiatives and capital expenditure reprioritization, have been key strategic focuses, alongside efforts to enhance digital competitiveness and deliver seamless omni-channel wagering and entertainment experiences.
Tabcorp's core products and services include multi-channel betting and wagering offerings through its TAB brand, encompassing fixed odds betting, totalizator betting, and retail wagering outlets reaching 90% of the Australian population across Victoria, New South Wales, Queensland, South Australia, Tasmania, Northern Territory, and the Australian Capital Territory; gaming solutions through MAX, providing regulatory monitoring, machine procurement, and venue management services; and media broadcasting services delivering racing and sports programming via Sky Racing and Sky Sports Radio. The company targets both individual consumers engaged in wagering activities and gaming venue operators, as well as government and industry bodies requiring compliance and integrity services. Its strategic focus remains on leveraging technology for integrated customer experiences while pursuing innovation and sustainable industry growth.
In the fiscal year 2025, Tabcorp reported strong financial performance with a revenue increase to approximately AUD 2.61 billion and a significant rise in net profit, supported by its strategic initiatives and operational improvements. The company continues to emphasize cost discipline, digital transformation, and expansion of its wagering and media footprint, aiming to unlock value from its diverse asset base and to deliver long-term shareholder value in the Australian wagering and gaming market.
Tabcorp Holdings Limited remains a key player in Australia's gambling industry with a comprehensive portfolio of wagering, media, and gaming services, holding a dominant market position while pursuing growth through technological innovation and strategic operational enhancements.