Business
Tabcorp seeking more market share as Racing Queensland prepares for $20M black hole exposure – Racenet
With integration of the old UBET states completed, Tabcorp says it is now poised to claw back lost market share in Queensland as the state’s racing industry braces for a $20 million black hole in January.
With integration of the old UBET states completed, Tabcorp says it is now poised to claw back lost market share in Queensland as the state’s racing industry braces for a $20 million black hole in January.
As part of the merger deed between Racing Queensland and Tabcorp, a “top up figure” was put in place for the first few years if Tabcorp’s payments under the existing product agreement fell short of an agreed target.
The top ups end in December and with last year’s figure being $19 million, it…
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