IM NOT CONVINCED ABOUT THE TAB
Was asking what I thought about Tabcorp now that the demerger has taken place? To be honest the TAB is on the way to losing its superiority in the market in spite of the forecast of a 10% fully franked dividend. They now have to stand on their own two feet in a market where Racing is diminishing. Sport is on the increase but the margins are low. Sportingbet and Bet365 and Pointsbet dominate the market in OZ , Bluebet is taking a chunk and WATAB is still on its own. I suspect that as leases run out the TABRead More...