Tabcorp Holdings, Ltd. provides leisure and entertainment services in relation to gambling and hospitality in Australia. Divisions The company has three operating divisions: Casinos, Wagering, and Gaming. Casinos division The company’s casino operations include hotels, apartment complex, theatres, restaurants, and bars. It operates four hotel and casino properties: Star City in Sydney; Conrad Jupiters on the Gold Coast; Conrad Treasury in Brisbane; and Jupiters Townsville. In addition, it manages the Gold Coast Convention and Exhibition Centre, and has an interest in and manages the Townsville Entertainment and Convention Centre. Wagering division The company conducts wagering activities in Victoria and New South Wales through a network of agencies, hotels and clubs; and provides on course totalizators at thoroughbred, harness, and greyhound metropolitan and country race meetings. In addition, totalizator and fixed odds betting is offered on sporting events. The division also operates LUXBET.COM, offering a racing, sport, and novelty product bookmaking service by telephone and online based in the Northern Territory. It also has specialist television and radio operations focused on the racing industry and other sporting activities, which include Sky Racing, Sky Sports Radio, and other domestic and international broadcasting services. Gaming division The company, in Victoria, owns and operates electronic gaming machines (EGMs) in licensed hotels and clubs under the Tabaret brand, as well as operating Club Keno games through a joint venture arrangement. In addition, the company operates Keno in New South Wales and Queensland.
tabcorp holdings ltd (TAH:ASX)
Contact Info
5 Bowen Crescent
Melbourne, VIC 3004
Australia
Phone: 61 3 9868 2100
Fax: 61 3 9868 2300
www.tabcorp.com.au| Recently Viewed | |||
| TAH:AU | A$3.51 AUD | -0.09 | |
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Industry Analysis
TAH
Industry Average
| Valuation | TAH | Industry Range |
| Price/Earnings | 7.3x |
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| Price/Sales | 0.8x |
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| Price/Book | 1.8x |
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| Price/Cash Flow | 6.6x |
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| TEV/Sales | 0.3x |
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