Tabcorp's Acquisition of BetMakers Looks Sensible, Analyst Says

Dow Jones

08/11

Tabcorp's planned purchase of gaming tech company BetMakers Technology Group for A$283 million appears sensible to Jefferies. "The deal is aimed at accelerating growth across A$350 million of International/Media revenue while enhancing B2C capabilities through improved technology, data and media assets," says analyst Kai Erman. Tabcorp expects to make some A$30 million of savings from combining the businesses. It expects the deal to boost EPS from the second year after it completes. Jefferies retains a hold call on Tabcorp, and raises its price target by 5.6% to A$0.95/share. Tabcorp ended Monday at A$0.915.

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Tabcorp expects to make some A$30 million of savings from combining the businesses. It expects the deal to boost EPS from the second year after it completes. Jefferies retains a hold call on Tabcorp, and raises its price target by 5.6% to A$0.95/share. Tabcorp ended Monday at A$0.915.</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TAH.AU","symbol_name":"TABCORP HOLDINGS LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2658950395","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658950395","pubTimestamp":1786402860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tabcorp's planned purchase of gaming tech company BetMakers Technology Group for A$283 million appears sensible to Jefferies. \"The deal is aimed at accelerating growth across A$350 million of Internat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TAH.AU":"TABCORP HOLDINGS LTD","BET.AU":"BETMAKERS TECHNOLOGY GROUP L","BK7078":"赌场与赌博"},"translate_title":"分析师表示，Tabcorp 收购博彩公司看起来是明智的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BET.AU":0.9,"TAH.AU":0.9},"content_text":"Tabcorp's planned purchase of gaming tech company BetMakers Technology Group for A$283 million appears sensible to Jefferies. \"The deal is aimed at accelerating growth across A$350 million of International/Media revenue while enhancing B2C capabilities through improved technology, data and media assets,\" says analyst Kai Erman. Tabcorp expects to make some A$30 million of savings from combining the businesses. It expects the deal to boost EPS from the second year after it completes. Jefferies retains a hold call on Tabcorp, and raises its price target by 5.6% to A$0.95/share. Tabcorp ended Monday at A$0.915.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}