Tatts Group
Tatts Group (TTS) provides gambling and lotteries services. Tatts Group carries out its operations through seven divisions namely, Tatts Pokies, Lotteries, Wagering, Maxgaming, Bytecraft Systems, International/Business Development, and other. It listed on the Australian Stock Exchange on 7th of July, 2005. TTS is a licensed gaming machine operator in Victoria, operating 13,750 EGMs in Clubs and Hotels through Tatts Pokies. Tatts Group operates regulated lotteries in Victoria, Queensland, Tasmania, Australian Capital Territory, and the Northern Territory.
Gambling services provider Tatts Group (ASX:TTS) have released its first half results to shareholders.
- Tatts Group Net Profit $128.3 million, down 23.1 percent from $166.9 million from the previous corresponding.
- Interim dividend 8 cents per share, fully franked, down from 11 cents.
- TTS Revenue down 13.5 per cent to $1.71 billion from $1.97 billion
Gaming, lotteries and wagering operator, Tatts Group (ASX:TTS), Australia's second largest wagering business, has released its full year profits for FY 2012.
- Net profit $319 million to June 30, an increase of 16 percent.
- 2013 forecasts to be $590 million EBITDA (earnings before interest, tax, depreciation and amortisation) with $210 million net profit.
- Tatts lost its pokies license in Victoria. (which has also affected competitor Tabcorp.
Study the historical dividends for TATTS GROUP LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive TTS dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the TTS dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
Tatts Group Limited (TTS) has bought NSW Lotteries from the state government. The public gambling, wagering and lottery company will be given a 40 year licence to run the gaming. The deal is worth just over $1 billion. Taxpayers will benefit from the sale.
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