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Powerball drives Tabcorp's lottery surge

The stunning growth of Tabcorp's lotteries business hasn't quite excited wary investors.

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It’s a safe bet that next Thursday’s historic $110 million Powerball jackpot will spark plenty of daydreaming in the coming days.

But it’s also a potent symbol of the biggest win from Tabcorp’s $11 billion merger with Tatts Group.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/powerball-drives-tabcorp-s-lottery-surge-20190712-p526ol