Tabcorp (ASX: TAH) has reported a slight increase in full-year revenue to AU$2.64 billion ($1.89 billion), with plans to acquire BetMakers as a key driver of future growth.

For the year ending on June 30, 2026, Tabcorp’s revenue increased by 0.8%. The Group’s EBITDA saw a growth of 10.3% to AU$431.7 million ($309.7 million), and net profit after tax before significant items surged by 43.6% to AU$71.1 million ($51.0 million).

Most of the revenue came from Tabcorp’s wagering and media division, generating AU$2.45 billion ($1.76 billion).

Domestic wagering revenue saw a 0.9% increase, while international wagering revenue dropped by 3.7%, mainly due to weaker trading in Hong Kong in the second half of the year.

BetMakers Central to Next Growth Phase

CEO Gillon McLachlan stated that Tabcorp is entering a “growth phase” as part of a two-year turnaround plan. The company’s focus is on acquiring BetMakers Technology Group to enhance its technology and expand globally.

Tabcorp has announced the acquisition of BetMakers for AU$283 million ($200 million) with completion expected in the third quarter of FY27.

McLachlan sees BetMakers as an opportunity to innovate quickly, improve capabilities, and grow internationally. He reassured investors that existing BetMakers customers will continue to receive quality service under Tabcorp ownership.

McLachlan Backs ‘Sensible’ Gambling Ad Reforms

Regulation, particularly in terms of gambling advertising, was discussed during the earnings call. Tabcorp mentioned cooperating with AUSTRAC’s investigation into compliance issues and highlighted efforts to enhance financial crime compliance.

McLachlan supports upcoming gambling advertising restrictions, noting that Tabcorp is prepared and aligns with responsible gambling practices. Despite recent fines for breaches, the company remains optimistic about the future outlook for FY27.

Tabcorp foresees consistent wagering turnover in FY27 compared to FY26, and increased capital expenditure for investing in new betting terminals.