Tabcorp to face the closure of all casinos in Australia by fueling the lottery and other gaming products such as online betting.
Australia.- Racing and wagering giant Tabcorp says it is taking measures to mitigate the impact of COVID-19 on its finances by reducing capital expenditure and prompting customers to use digital alternatives to available products.
After the announcement of the closure of all non-essential services, that includes casinos, made by the Australian government yesterday, Tabcorp noted the Company managed to continue offering services via its lottery products and global racing coverage.
With all casinos, pubs, clubs and other licensed venues shut, Tabcorp said it is “seeking to partially mitigate the impact of these changes by reducing operating and capital expenditure where it reasonably can, encouraging retail customers to use digital alternatives and actively promoting remaining available products.”
“We have implemented our business continuity plans and have maintained continuity of service, even with the vast majority of our employees now operating remotely,” said Tabcorp’s Managing Director and CEO, David Attenborough.
“Despite the impact of these changes in licensed venues and, potentially, TAB agencies, we continue to offer customers Wagering & Media and Keno products through our digital channels.”