A stunning jump in earnings from Tabcorp's lotteries division has helped the gambling giant deliver a full-year profit in line with analyst expectations.
Tabcorp posted a 8.7 per cent rise in revenue for the 12 months to June 30 to $5.5, well above JP Morgan's forecast for sales of $5.3 billion.
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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
