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Tabcorp posts $1.36 billion loss, revenue drops

by | Aug 27, 2024 | Uncategorized | 0 comments

Tabcorp reported a 3.9% decline in group revenue, falling to $2.34 billion for FY24, citing challenging conditions in the wagering market. The company posted a statutory net loss of $1.36 billion, which included non-cash impairment charges totaling $1.38 billion. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) dropped 18.7% to… Read More »

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Written by our team of expert trainers and breeders at Joie de Vie Farm, this post reflects decades of experience and a deep love for Standardbred horses. Our authors bring you firsthand knowledge and a unique perspective on the art and science of horse breeding and racing.
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