Tabcorp Holdings Ltd

TAH: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tabcorp Earnings: Cost Discipline and Stabilizing Wagering Conditions Result in Earnings Beat

Angus Hewitt , Leo Wang

Feb 25, 2026

Tabcorp's first-half fiscal 2026 underlying EBITDA rose 14% to AUD 217 million, largely from annualized cost reductions. Revenue grew a modest 1% to AUD 1.3 billion, with a first full half contribution from the Victorian wagering license offsetting below-average yields. Shares closed 24% higher.

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Tabcorp Holdings Ltd

Tabcorp Earnings: Cost Discipline and Stabilizing Wagering Conditions Result in Earnings Beat

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