Shares in Tabcorp Holdings slumped by more than 15 per cent in Sydney Wednesday after the company posted a 4 per cent fall in group revenue to AUD$2.34 billion for the year ended 30 June 2024.
Tabcorp said the revenue decline reflected soft wagering market conditions and the sale of the MAX Performance Solutions (MPS) business last October.
Revenue from Tabcorp’s core Wagering and Media business fell by 3 per cent to $2.16 billion during the year, [...]
