Sentences with phrase «rival tatts»

Not exact matches

Australia «s Tatts Group and Tabcorp Holdings (tabcf) on Tuesday said they are in talks to create a A$ 9.34 billion ($ 7.1 billion) betting industry giant, hoping to join forces to fend off popular online rivals.

While Tabcorp and Tatts Group try and get their $ 11.3 billion tie up past the competition regulator, Street Talk can reveal some of their smaller rivals in the horse and sports betting industry are mapping out their own futures.

Tabcorps earnings per share should be up at least 11 per cent in coming financial years, if it secures rival wagering company Tatts Group.

Tabcorp agreed in October to acquire Tatts in an effort to fend off a growing challenge from overseas online rivals.

Rival bookmakers say new legislation gives even more market power to Tabcorp and Tatts Group through in - play betting.

The Tatts Group board faces a tough call now two rivals are fighting for control of the gaming and wagering group.

Tabcorp has confirmed it has grabbed a 10 per cent stake in Tatts Group as it moves to stave off any rivals to its $ 11 billion takeover.