Financial results for Tabcorp's full year ending June 30 2018 have been positive, with revenue increasing significantly.
Revenues for the period were $3,828.7m, up 71.4 per cent. EBITDA was $529.4m, up 69.5 per cent. Year highlights included the combination with Tatts Group and the exiting of loss-making groups Sun Bets and Luxbet.
The company also stated "a more sustainable regulatory environment" as a positive, with the period experiencing events such as federal legislation being passed banning synthetic lottery products, wagering point of consumption tax regimes being announced, and new advertising restrictions and stronger consumer protections.
