Tabcorp reports 11% revenue growth for 1H23

Tabcorp has reported revenue of AU$1.28bn (US$880m) for the six-month period ended 31 December 2022 (1H23), an 11% increase from the prior-year period. The group reported Statutory Net Profit after Tax (NPAT) of AU$52m, with EBITDA increasing 24% year-on-year to AU$197m. This reflected ​​58% growth in cash wagering revenue following a strong rebound from the Covid-impacted 1H22, noted Tabcorp. The company reported Digital Revenue Market Sha...