Tabcorp traded at 0.98 this Monday March 9th, decreasing 0.04 or 3.45 percent since the previous trading session. Looking back, over the last four weeks, Tabcorp lost 11.36 percent. Over the last 12 months, its price rose by 46.27 percent. Looking ahead, we forecast Tabcorp to be priced at 0.99 by the end of this quarter and at 0.93 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tabcorp Holdings Limited is an Australia-based gambling entertainment company. The Company operates its business through three segments: Lotteries and Keno, Wagering and Media, and Gaming Services. Lotteries and Keno business segment is a lottery operator with licenses to operate in certain Australian states and territories. Wagering and Media segment provides totalizator and fixed odds betting and retail wagering networks, and global racing media business. Gaming Services segment includes game machine monitoring operations in New South Wales, Queensland and the Northern Territory and venue services nationwide. It operates through various brands, including Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno and Instant Scratch-Its.