Tabcorp Holdings

Tabcorp Holdings

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Tabcorp Holdings

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Tabcorp Holdings is an Australian company with interests in gaming and wagering. It was formed through the privatisation of the Victorian Totalisator Agency Board (TAB) in 1994. The TAB ran all off-track betting on horse racing, greyhound racing, and harness racing in Victoria, as well as on-course totalisator betting. Since privatisation Tabcorp has diversified into other forms of gambling. It now has four major areas of activity:

  1. It owns and operates four casino-hotel complexes; Star City Casino in Sydney, the Jupiters on the Gold Coast, Treasury Casino in Brisbane and Jupiters Townsville in Townsville. In 2004, these provided 41% of earnings.
  2. It operates poker machines in many venues across Victoria; with it and Tattersalls the only two companies permitted to run the devices. It has a joint venture with Tattersalls to run keno games in hotels across the state. In 2004, 26% of earnings came from gaming.
  3. It continues to operate off-course and on-course totaliser betting throughout Victoria and now New South Wales (through the acquisition of its privatised NSW equivalent Tab Limited) Betting is now available from many pubs as well as the traditional separate TAB betting shops, and the TAB offers bets on many sports activities other than horse racing. 28% of earnings came from wagering. It also operates internet bookmaker Luxbet, licensed out of the Northern Territory.
  4. It operates Sky Channel, a national horse racing television network which broadcasts into TAB......
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