More than a thousand hotels would lose all commissions from hosting Tabcorp’s wagering venues in their properties under a proposal from the bookmaking giant outlined in detail to publicans on Monday.
But the ASX-listed betting group and its new chief executive, Gillon McLachlan, are promising a raft of new promotions available only to punters in pubs – including so-called Tabtime on Saturday afternoon – as they attempt to reset the deals that underpin its retail wagering model.
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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
