Australian wagering giant Tabcorp reported a net profit after tax increase of 26.5% to AU$46.3 million (US$33.2 million) in the financial year ended 30 June 2026. EBITDA rose 10.3% to AU$431.7 million (US$310 million), while group revenue increased 0.8% to AU$2.64 billion (US$1.90 billion).
Revenue from Tabcorp’s core Wagering and Media segment rose 0.7% to AU$2.45 billion (US$1.76 billion), while Integrity Services revenue increased 3.3% to AU$181.6 million (US$130 million).
Domestic wagering revenue grew 0.9%, reflecting improved trading conditions during the year, although this was partly offset by below-average yields in the first half of FY26.
During the year, Tabcorp implemented a new retail commercial model and began rolling out its new betting terminals and TAB LIVE in-play product.
“Midway through our turnaround journey, we’re executing on the plan, continuing to exercise cost and capital discipline and the company is delivering earnings growth,” said Managing Director and CEO, Gillon McLachlan. “The new retail commercial model has been implemented, the National Tote will launch soon, TAB LIVE and our new Next-Gen terminals are being rolled out in pubs and clubs in approved states, and we’ve renewed key domestic and global media rights partnerships.”
Tabcorp declared a final dividend of AU$1.5 cents per share, unfranked. The company also said it is cooperating with AUSTRAC in its ongoing investigation while continuing to strengthen its financial crime capabilities.
Tabcorp revealed in May it had been informed by the AML regulator that it would be launching an enforcement investigation due to serious concerns around the company’s ability to effectively identify, mitigate and manage its money laundering and terrorism financing (ML/TF) risks.
“The first two stages of our transformation were to get fit and operationalize our game plan. We’ve done that, and we’re ready to enter the growth phase of our transformation,” McLahan said of the company’s ongoing commercial plan.
Tabcorp’s proposed acquisition of BetMakers, through a AU$267 million scheme of arrangement, is expected to support this strategy by allowing the operator to release products faster and at lower cost while using BetMakers’ global assets to expand international revenue opportunities.
“We remain on a journey of continuous improvement. We have a relentless focus on enterprise-wide improvement every day, and that will continue in FY27,” McLahan said.
Original article: https://www.yogonet.com/international/news/2026/08/27/126085-tabcorp-reports-265-profit-growth-as-australian-giant-enters-next-phase-of-strategic-makeover
