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Tabcorp releases 2016 results – racing and Keno increase in Victoria

Tabcorp released its 2016 Annual Report on 4 August 2016.

Notable items for 2015–16 reported by Tabcorp include:

  • Tabcorp's total turnover on racing and sportsbetting was $12.7 billion, an increase of 2.7 per cent
  • online turnover increased by 12 per cent to $3.8 billion, while retail outlet turnover fell by 1.1 per cent to $6.5 billion and call centre turnover fell by 6.7 per cent to $0.53 billion
  • Tabcorp has more than 430,000 active account holders and more than 65 per cent of online bets are now made on mobile devices
  • TAB race betting turnover increased by 2.8 per cent and revenue (player losses) increased by one per cent (this is less than the inflation rate)
  • TAB sports betting turnover increased by 7.2 per cent, however revenue decreased by 3.9 per cent
  • Victorian race betting revenue increased by 2.6 per cent to $411.4 million, while sports betting revenue fell by 5.8 per cent to $38.5 million
  • Tabcorp paid $428.6 million in gambling taxes and $786.9 million to the racing industry. This included $331.2 million to the Victorian racing industry
  • Keno revenue increased by 4.8 per cent to $208.5 million, with a 20.4 per cent rise in Victoria
  • Tabcorp Gaming Solutions supports 8,800 pokies in Victoria, with 75 per cent of these covered by the Diamond Rewards loyalty scheme. There are now more than 398,000 Diamond Rewards members.

More information

Media contact:
Fiona Skivington, Manager, Media & Communication
on +61428248931 or fiona.skivington@responsiblegambling.vic.gov.au

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