Tatts Group shares its financial report

Tatts Group shares its financial report

The company shared the financial report addressing gaming operations during fiscal year 2018.

Australia.- The Australian leading gaming group Tatts Group revealed this week its financial report, which addresses the annual gaming operations from fiscal year 2018, ended last June 30. Tatts Group operates as a member of the Tabcorp Group, the Australia’s largest provider of wagering, lotteries and gaming products and services.

Gaming services and lotteries operations have achieved a higher revenue from continuing operations for fiscal year 2018, which was up 3.6% to €1.85 billion. Tatts Group also revealed an improved performance for the fiscal year 2018 (FY18) after strong results of its lotteries jackpots provoked a rise of 6.8% revenue in comparison to the previous year.

“The lotteries revenue was €1.85 billion, up 4.9 per cent, benefitting from a favourable jackpot sequence compared to the prior financial year. Gaming Services revenue grew by 2.1 per cent, supported by increases in value-added MAX and TITO services,” reveals the statement.

According to the filing, the company managed to control its expenses and was rewarded with an overall rise in its finances, including EBITDA, after increasing by 9.6% since last year.

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