It will take more than winning Everest,the world’s richest horse race,to revive Tabcorp’s fortunes. The gambling giant needs some wins off the track.
Ciaron Maher had a highly successful day across two cities,training the Everest and Caulfield Cup winners within one hour of each other. Duke De Sessa won the big race in Melbourne while Bella Nipotina ruled the roost in Sydney.
The betting giant’s Melbourne Cup marquee has long been a favourite of federal and state MPs. Now,they’re out.
The AFL’s new radio rights agreement is a far cry from the $4.5 billion,seven-year broadcast deal,with the prospect of losing Triple M proving untenable for the league.
Akhurst will step down after concerns from unhappy investors frustrated with the company’s direction.
Racenet and Herald Sun deals were worth about $2 million a year. Tabcorp ended the Herald Sun form guide agreement in July,according to two sources familiar with the situation.
Three weeks into the top job,former AFL boss Gill McLachlan has decided not to renovate the betting company. Instead,he is reaching for the sledgehammer.
New Tabcorp boss Gillon McLachlan has vowed to overhaul the wagering company’s strategy,and warns it will continue to be hit by softer trading conditions as its share price tanked.
A new grassroots organisation with “the head of a think-tank and the heart of a community organisation” hopes to solve gnarly policy issues.
The actor,who dropped a defamation case against this masthead over allegations of sexual harassment,has turned tribute act in order to revive his career.
Gillon McLachlan’s Tabcorp is looking to end decades of racing tradition by shutting down on-course totes as well as slashing funding for radio station RSN 927.