By Ian Neubauer
Tabcorp is tossing up the idea of launching a consultancy service that would allow pubs and clubs to outsource the management, marketing and maintenance of their gaming machine operations.
The service is one of several different concepts Tabcorp is mulling to enable it to capitalise on the skills it has accumulated running gaming machines since the early 1990s in the post-2012 environment, The Australian Financial Review reported.
Tabcorp and rival Tatts Group were dealt a severe blow in April when the Victorian Government said it would revoke their poker machine licenses on 1 July, 2012, and give pubs and clubs the opportunity to own and operate their own machines.
The announcement wiped a combined $3 billion off the companies’ shares and heralded the loss of gambling licenses worth in excess of $500,000 a piece.
Tatts Group released a statement at the time saying it would adjust its approach to the Victorian business and pursue other opportunities proposed by the restructure.