Tabcorp

Tabcorp’s Purchase of 23% of Dabble – The Worst Investment Since Shares in the Titanic

by : peterprofitracing
FacebookX

In October 2022 Tabcorp – in a move intended to increase its currently miserable penetration in the under 35’s punting demographic – paid $32.8 million to buy 20% of the privately owned fantasy sports/social betting company Dabble, valuing that company as worth $164 million.

Subscribe or log in to read the rest of this content.
The articles published on this site are the honestly held opinion of the author, based on observation, research and the materials available to and read or watched by them. The author makes no representation that the opinions expressed are strictly factual or provable in law. Racing is funded by public money, and issues to do with racing and gambling are matters of public interest. The honestly held opinions expressed in articles on the site are published on the basis of the public interest in the integrity of racing. Should any person believe that the author's opinions expressed herein are incorrect we encourage them to contact the author at peterprofitracing@gmail.com with their concerns, and appropriate corrections, alteration and deletions where appropriate will be made.
error: Content is protected !!