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Most Recent Online Casino News

Tabcorp Announces Expansion into Asia

Tabcorp anticipates that CLO will commence roll out of the Keno terminals in the third quarter of the 2006 Financial Year.

CLO expects to roll out at least 60,000 Keno terminals in the first 5 years of the TCA for Keno. It is intended that TIHK will supply but not maintain the terminals.

Based on the above terminal roll out, Tabcorp’s earnings through TI’s total earnings from TIHK for year 5 is anticipated to be approximately A$50 million.

Tabcorp says that this is the first time that a foreign company has been invited to participate at a nationwide level in the PRC online lottery market, and is seen by Tabcorp as a very important first step in its previously announced program to expand into international markets

Tabcorp also is working on expansion in Asia through building two proposed resort casinos in Singapore. The company has been short listed by the Singapore government for the project and a decision on successful tenders is expected either later this year or early next year.

Read the entire article at: Thoroughbred News Australia 

2005 Online Casino New Archive


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