 |
| Industry | Gambling |
|---|---|
| Founded | Melbourne, Australia, Merger of Tattersalls Limited and UNiTab Limited in October 2006 |
| Fate | Tatts Group has now merged with Tabcorp under the Tabcorp brand. |
| Headquarters | Queensland, Australia |
| Products | Wagering Lotteries Gaming machines |
 $251.96 million A$ (FY 2015) | |
| Subsidiaries | UBET, Bytecraft, Maxgaming, TattsOnline |
In 2017, Tatts Group combined with Tabcorp Holdings Limited under the Tabcorp brand.
The company had three divisions: Lotteries, Wagering and Gaming Solutions. [1]
Tatts Group had a near monopoly on lotteries in Australia. Tatts Lotteries is the Lotteries Operating Unit of Tatts Group and as of September 2013 the company owned or leased:
On 1 June 2016 Tatts Group created a national lottery brand called ‘the Lott’. The brand encompasses all its jurisdictional lottery brands under this single entity. [3] Corresponding with the change in branding, online lottery purchases were moved from Tatts.com to the new official lotteries website thelott.com.
On 24 May 2022 Tabcorp demerged its lotteries and keno business from its wagering business. The newly formed The Lottery Corporation operates the exclusive lotteries licences previously held by Tabcorp and floated on the ASX on 1 June 2022 with a market value of $10.5 billion. [4]
Tatts Group holds wagering licences under its subsidiary UBET in Queensland, South Australia, the Northern Territory and Tasmania. Most of these assets were previously owned by UniTAB before it merged with Tattersalls Limited to form the modern Tatts Group in 2007. All of the licences entitle the company to the exclusive operation of physical betting shops which offer totaliser, fixed odds and sports wagering in their respective jurisdictions. The company also operates online nationally as Ubet.com providing racing and sports wagering products.
Its shops operated under several different brand names due to its string of acquisitions, including TAB, TattsBet, Unitab, and others. On 27 November 2014, Tatts Group announced that it would begin to unify all of its wagering properties under the new brand UBET in 2015. [5]
Comprising two companies, Maxgaming and ByteCraft. Tatts Group both operates and provides services for electronic gaming machines (known in Australian slang as "pokies", shortened from "poker machines").
Provides monitoring and value adding services to the Australian gaming machine industry. Many Australian state governments have legislated mandatory monitoring for all gaming machines they license, to protect the integrity of the industry. Under this system, Monitoring Licences are granted to independent companies who operate computer networks connected to all gaming machines within a relevant jurisdiction. All machine activity is monitored to ensure that correct prizes are paid and taxes are calculated correctly on revenue.
MaxGaming holds licences for three jurisdictions: New South Wales, Queensland and The Northern Territory. Queensland is the only monitoring licence that isn't exclusive, nonetheless MaxGaming still has around an 80% market share in that state. [6]
ByteCraft is an electronics specialisation company that Tatts Group Acquired primarily to maintain gaming machines. However the company isn't limited to gaming machines as its major contract is for the maintenance of Telstra's payphone networks. [7]
 | This section needs to be updated.(July 2019) |
Tatts Pokies operated over 13,000 gaming machines in Victoria starting from 1994. However the company's licence expired on 16 August 2012 and was not renewed. [8]
The expiration of the licence led Tatts to sue The State of Victoria for compensation under a contract government signed with them in the mid-1990s. In the contract the Victorian state government signed, Tatts Group would be entitled to compensation for the infrastructure they had to pay for to set up their Tatts Pokies operation. The government materially benefited from this infrastructure.
The government argued that the contract stated that compensation would be paid if "licences" were granted to any other party from 2012, but instead they granted "entitlements" to other operators and thus alleged they didn't have to pay the compensation.
On 26 June 2014, The Supreme Court of Victoria found that the "entitlements" were in effect licences under the contract government signed, and awarded Tatts Group $451,157,286 Australian Dollars plus court costs and interest. [9]
Tabcorp Holdings also sued The State of Victoria under a separate agreement it had made with government, however the Supreme court of Victoria said that their agreement clearly only referred to the specific licences of the time and thus Victorian Government owed no compensation to Tabcorp. [10] Tabcorp has since appealed this verdict. [11]
On 8 July 2014 The State of Victoria lodged an appeal in an attempt to avoid paying Tatts Group the compensation. Tatts has stated it will defend the appeal. [12]
Talarius PLC operates gaming machine arcades in the United Kingdom under the brands Quicksilver , Winners and Silvers. The company operates more slot machines in the United Kingdom than any other company, with 7,461 machines spread across 173 venues. [13] Tatts Group sold the UK slot business in 2016 to Austrian gambling equipment manufacturer Novomatic Group for $210 million. [14] [15]
The history of Tattersall's can be traced back to George Adams in 1881. Adams moved to Australia from England at the age of 16 and worked in many positions including publican, stockbroker and baker. While working as a publican in Sydney in 1881, Adams took bets on horse races, which could be considered the start of his gambling business.
However, the company started a serious lottery when Adams moved to Hobart in 1895, a move supported by the Tasmanian Government. He set up his first operation there and eventually the company grew and developed in other states.
| UBET | |
| Company type | Corporation |
| Industry | Gambling |
| Headquarters | Tasmania, Australia |
Key people | Michael Kent, Chairman Craig Coleman, CEO |
| Products | Totalisator wagering Sports Betting |
| Website | totetasmania |
Tote Tasmania Pty Ltd was a Tasmanian state-owned company, with its shares being held by the Treasurer and Minister for Racing of Tasmania. It had an exclusive right to conduct parimutuel (totalisator) wagering in the state of Tasmania. [16] The company was privatised and sold to Tatts Group for AU$103 million and merged into their operations in 2012. [17]
When Tattersall's was founded, George Adams structured the company so the original workers' families would inherit the profits. This created so-called "Tattersall's heirs": subsequent generations inherited a share in the company's profits.
Amongst the subsequent beneficiaries was the general manager's granddaughter Helen Harvey, a close friend of Port Arthur massacre gunman Martin Bryant. [18]
In 2005 the company decided to list on the Australian Stock Exchange "Tattersall's heirs" were now allowed to sell their stake in the company and for the first time the public could buy into it. After the listing on the stock exchange local newspapers and other news media listed the names of these "Heirs". [19]
On 22 December 2017, Tatts Group merged with Tabcorp and is now traded under the ASX security code TAH. [20]
The Wrest Point Hotel Casino is a casino in Tasmania. It was Australia's first legal casino, opening in the suburb of Sandy Bay in Hobart, on 10 February 1973.
Tabcorp is Australia's largest gambling company, employing more than 5,000 people. It is the largest provider of wagering and gaming products and services in Australia. Tabcorp is listed on the Australian Securities Exchange (ASX).
John Mansfield Brumby is the current Chancellor of La Trobe University and former Victorian Labor Party politician who was Premier of Victoria from 2007 to 2010. He became leader of the Victorian Labor Party and premier after the resignation of Steve Bracks. He also served as the Minister for Veterans' Affairs and the Minister for Multicultural Affairs. He contested his first election as premier at the November 2010 Victorian state election. His government was defeated by the Liberal/National Coalition led by Ted Baillieu. Brumby resigned as Labor leader after the election, on 30 November, to be replaced by Daniel Andrews. Within weeks of this leadership change, Brumby left parliament, with a Broadmeadows by-election taking place on 19 February 2011.
Federal Group is a privately owned family company which operates tourism, hospitality, retail, and a national sensitive freight company but is primarily known for their casino and gaming assets in Tasmania which is described as "a licence to print money". In the past the company has been known as both "Federal Hotels" or "Federal Hotels and Resorts".
Powerball is a lottery operated by Tatts Group under the master brand, the Lott and its licensed subsidiaries including New South Wales Lotteries in New South Wales and the Australian Capital Territory, Tattersalls in Victoria and Tasmania, Golden Casket in Queensland, and South Australian Lotteries in South Australia. The Government owned Lotterywest operates the lottery in Western Australia.
The Star Gold Coast is a casino and hotel located in the suburb of Broadbeach on the Gold Coast in Queensland, Australia. The casino, which was Queensland's first, is situated next to the Nerang River and is operated by Star Entertainment Group. It opened in November 1985 as Conrad Jupiters. In 2017 it was rebranded as The Star, Gold Coast.
Lotteries in Australia include various lottery related products licensed by The Lottery Corporation, The Lottery Office and Lotterywest Australian lottery companies. Lotteries operators are licensed at a state or territory level, and include both state government-owned, not-for-profit and private sector companies. Most major Lotteries have now moved into the online marketplace.
The Totalisator Agency Board, universally shortened to TAB or T.A.B., is the name given to monopoly totalisator organisations in Australia, New Zealand and South Africa. They operate betting shops and online betting. They were originally government owned, but in Australia most have been privatised. In Victoria, for instance, the Victorian Totalisator Agency Board began operating in March 1961 as a state enterprise, and was privatised in 1994.
TattsLotto is a weekly lottery game played on Saturday nights in Australia, known as Saturday Lotto in New South Wales, South Australia and Western Australia, and Gold Lotto in Queensland. It was the first European-format "lotto" style lottery in Australia.
Harness racing, also colloquially known as trotting or the trots, is a spectator sport in Australia, with significant amounts of money wagered annually with bookmakers and the Totalisator Agency Board (TAB). In Australia there are 90 harness racing tracks, which hold over 1,900 meetings annually. There are approximately 2,900 drivers and 4,000 trainers with about 5,000 Standardbred horses foaled and registered each year.
New South Wales Lotteries, is a corporation owned by the Government of New South Wales in Australia. Since 2 March 2010, it has been operated by Tatts Group Limited under a 40-year exclusive licence. It runs games of chance through a network of agents, most of which are newsagencies. It falls under the government portfolio of Gaming and Racing and is governed by the Public Lotteries Act 1996.
Elwick Racecourse is a Thoroughbred horse-racing venue located on Goodwood Road within Glenorchy, Tasmania, Australia. It is located in close proximity to the Brooker Highway, Hobart Showground, Derwent Entertainment Centre, Glenorchy Art and Sculpture Park and the River Derwent. The Racecourse has a picturesque outlook across the river, as well as being dominated by views of kunanyi / Mount Wellington. Elwick features at least 110 race meetings and 210 trial days a year, but is most well known for hosting the Hobart Cup.
Golden Casket is the lottery corporation in Queensland. It sells lottery tickets and Instant Scratch-Its (scratchcards) through newsagents and other convenience stores. Lottery draws are televised on Channel Seven five nights a week.
George Adams was an Australian publican and lottery promoter best known as the founder of Tattersall's.
RadioTAB is a radio station primarily covering horse and greyhound racing in Australia and internationally, operated by Tabcorp, which operates the Totalisator Agency Boards based in Queensland, Tasmania, South Australia and Northern Territory. RadioTAB's studios are in Brisbane City.
Crown Resorts Limited is Australia's largest gaming and entertainment group that owns and operates three of Australia's leading gambling and entertainment complexes, Crown Melbourne, Crown Perth and Crown Sydney. It was listed on the Australian Securities Exchange until purchased by Blackstone in June 2022.
Gambling is an activity undertaken by many Australians. In 2022, 72.8% of Australian adults gambled within the previous 12 months and 38% of Australian adults gambled at least once per week. In 2017, Australians were estimated to lead the world with the highest gambling losses on a per-capita basis.
Jumbo Interactive Limited is an Australian corporation and reseller of lottery games in Australia under agreement with government licensed lottery operator Tatts Group. Jumbo Interactive operates ozlotteries.com, one of Australia's largest e-commerce websites retailing Australian lotteries, such as Saturday Lotto, Oz Lotto and Powerball. Jumbo Interactive is a publicly listed corporation on the Australian Stock Exchange (ASX:JIN).
Novomatic is an international gambling company based in Austria, founded by Johann Graf in 1980.
Tasmania has been notable in the history of gambling in Australia.
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