Revenue for Tabcorp Will Drop by 5% in H1 2024

Australian betting company Tabcorp Holdings Limited reported a loss in the first half of 2024, mainly due to a big impairment charge.

Revenue dropped by 5% compared to the same period last year. Despite this, there were some positives like an increase in profit margin and winning a new betting license in Victoria.

The company CEO highlighted efforts to improve market share and invest in technology for future growth.
 
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