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Tabcorp under pressure to spin-off lotteries

Jemima Whyte

Barely two years after Tabcorp's $11 billion merger with Tatts Group, it's earlier than usual for market types to be mulling the benefits of spinning off the group's lotteries division. But that's exactly what is being discussed – albeit in the early stages – among some investors.

Some investors say Tabcorp chief executive David Attenborough needs to do more to demonstrate the benefits of the company's $11 billion merger with Tatts Group.  Wayne Taylor

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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com

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    Original URL: https://www.afr.com/companies/games-and-wagering/tabcorp-under-pressure-to-spin-off-lotteries-20190731-p52cmj