Always back the horse named self-interest, son. It'll be the only one trying
What you see at the top is an extract from Tabcorp’s Half Yearly Report lodged this morning with the ASX. This company truly believes that the driver of digital growth – online punting – is the ability of a punter to physically go to a pub, club or TAB and deposit cash through an antiquated […]
So what is Tabcorp’s solution to the critical problem they face by losing market share, revenue and money? That’s easy. Just gouge your rapidly falling base of customers for more. Don’t grow the company. Don’t improve your digital product. Don’t be innovative or dynamic. Just increase the percentages of the markets you bet, and reduce […]
Tabcorp has released its half-year results today, and they are dreadful. Year on year wagering revenue has collapsed, falling by $126 million. Profits have plunged from $132 million to $43 million. This is catastrophic for racing, as a large punt of funding for the sport in each state (excluding WA, which for the moment still […]
Thanks to a well connected reader for this explanation of the TAB full screen conundrum. It makes perfect sense now. TAB own Sky. Sky aggregate, licence and distribute rights to digital racing vision. Sky licence this vision to TAB. TAB are only permitted by Sky, a subsidiary of TAB, to show racing to TAB customers […]
Up until a few weeks ago the Sky vision available on the TAB website allowed you to watch the races you were betting on on a full screen. There was a little square down in the bottom right hand corner that you clicked on and the screen would go big. Like brains and business acumen […]
Don’t start rushing down to the local pub tab to collect your winnings if you backed Atlantic King in the 8th at Canterbury last night, As usual, Tabcorp have stuffed it up. Here are the real results. They are brilliant this mob, aren’t they?
The last time that I looked Tabcorp still owned the TAB, and The TAB still owned Sky, and Tabcorp is a 50-50 partner with Racing Victoria in a joint venture to operate the tote, fixed odds betting and all TAB’s, and Sky Channel has shared broadcast rights to the vision of Victorian racing In all […]
Many punters have been perplexed about the seemingly sudden departure of Tony Brassel from sky, and due to his enormous popularity with race fans and viewers they are searching for answers. Some speculating that Brassel’s move to Racenet may be a sign that the website is moving toward entering into a partnership with the US […]
See that place dividend for the third horse on the QLD/SA/NT/TAS TAB? Have you ever seen one pay $930 the place in your life? I doubt it, because they don’t. It’s gimassive! Shame it’s a con. The minimum bet on the TAB is $1. The total place bet pool (before deduction of commissions) on this […]
Incentivise, which jumped as a $2.90 favourite, claimed the crown as the most popular fixed odds commodity in TAB’s history, attracting more money than any other galloper ever has in one race. He held an astonishing 24 per cent of the market with TAB with no shortage of big bets among that weight of money. […]
