Australia-based sports betting specialist Tabcorp has described the 2016/17 year as a particularly important one for the company.
The company has reportedly progressed its deal with Tatts Group “significantly.” It is expected to be complete by the end of 2017.
Investment continued in scalable risk management and regulatory compliance capability; on March 17, the company was ordered by AUSTRAC to pay a AUS$45m civil penalty, which has been settled.
Tabcorp also acquired complementary gaming systems and monitoring business Intecq, as well as launching its UK start-up Sun Bets.
In terms of digital expansion, the company strengthened its retail partnerships through a digital commissions model and the launch of its Keno digital offering.