Tabcorp’s Purchase of 23% of Dabble – The Worst Investment Since Shares in the Titanic
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. Since then it has paid an additional $2.8 million to increase […]