Australian gambling and entertainment group Tabcorp has released half year results for the six months ending on December 31st, 2022 revealing a net profit after tax (NPAT) of AU$52 million (€33.5 million) for the first half of FY23.
Tabcorp to Focus on Digital Operations Following Positive H1 FY23 ResultsTabcorp CEO Adam Rytenskild commented:
Tabcorp to Focus on Digital Operations Following Positive H1 FY23 ResultsHe also spoke of the group’s plans for the future:
“I’m excited to announce that we are targeting 30% digital revenue market share by FY25. We’ll do this with a transformation of our entire wagering ecosystem, including new products for punters, a reinvigoration of Sky Racing that will include a greater integration with TAB and the implementation of our new marketing strategy.”
Rytenskild also noted that the company will fast-track its Genesis transformation program to reduce operating costs by FY25.
Tabcorp to Focus on Digital Operations Following Positive H1 FY23 Results Tabcorp to Focus on Digital Operations Following Positive H1 FY23 Results Tabcorp to Focus on Digital Operations Following Positive H1 FY23 Results