Mixed results for Australia's Tabcorp
Australia's Tabcorp reported strong revenue at is Star City casino in Sydney, as the company's net profit after tax reached AU$264m for the half year to December 31, 2009.
Net revenue stood at $2,190.5m, up 2.6 per cent, driven by strong wagering at Star City casino, but "held back" by softer trading at its Queensland casinos.
"Overall, this is a sound result in variable economic conditions and a difficult regulatory environment," said chairman John Story. "The company is progressing initiatives and investments in each of the operating divisions that are showing promise and provide a good foundation for growth in the coming years."
Update: Kentucky businesses back casino vote
The Kentucky Chamber of Commerce is calling for voters to be given the opportunity to decide whether the US state should allow casino gaming at racetracks and other locations.
GREaT urges gaming companies to donate
The GREaT Foundation is calling on gambling operations in the UK to help it meet its fundraising target of £5m before its deadline in seven weeks' time.
Kentucky chamber expected to announce support for casino gaming
The Kentucky Chamber of Commerce is expected to announce its support today for a constitutional amendment to allow gambling to be expanded in the state.
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