Financial News
News covering financial aspects of the betting and gambling industry, concerning loans, shares, property sales and general gaming company finances.
Asia bulletin: Tab NZ reports August turnover 6% below budget
Tab New Zealand (NZ) has attributed “continuing soft economic conditions” to a 6% shortfall in turnover for August.
As in previous months, customers’ discretionary spend was impacted by the rising cost of living, which alongside health restrictions, caused Tab NZ to miss its turnover and revenue targets.
In total, Tab generated NZ$198m (US$113m) for August, NZ$12.3m below budget. Meanwhile, gross betting revenue (GBR) fell sho...
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Asia bulletin: Tab NZ reports August turnover 6% below budget
Tab New Zealand (NZ) has attributed “continuing soft economic conditions” to a 6% shortfall in turnover for August.4 October, 2022
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