Business
Racing NSW chief V’landys says Tabcorp break-up needs industry approval – Sydney Morning Herald
One of racing’s most powerful figures, Peter V’landys, says any potential deal to for Tabcorp’s wagering assets would need his approval.
On Tuesday Tabcorp said it had been approached about potential deals that would split its underperforming wagering business from the lucrative lotteries arm.
British gambling giant Entain, the owner of Ladbrokes, has confirmed it is one of the parties that has offered to buy the business which analysts say could fetch as much as $3 billion. In a statement released late on Tuesday evening, Entain – which is valued at £7 billion ($12.6 billion) – said it had made a non-binding indicative offer to…
-
Noosa News24 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General22 hours agoSummah Richards, 12, mourned after fatal e-scooter in Laidley, Queensland
-
Noosa News24 hours agoMan arrested after police chase: Driver shot, woman dies in crash
-
General23 hours agoBoy’s drowning adds to ‘most horrific’ Easter toll