closure of all non-essential services, that includes casinos,<\/strong><\/em><\/a> made by the Australian government yesterday, Tabcorp noted the Company managed to continue offering services via its lottery products and global racing coverage.<\/p>\n\n\n\nWith all casinos, pubs, clubs and other licensed venues shut, Tabcorp said it is \u201cseeking 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.\u201d<\/p>\n\n\n\n
\u201cWe have implemented our business continuity plans and have maintained continuity of service, even with the vast majority of our employees now operating remotely,\u201d said Tabcorp\u2019s Managing Director and CEO, David Attenborough.<\/p>\n\n\n\n
\u201cDespite 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.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Tabcorp to face the closure of all casinos in Australia by fueling the lottery and other gaming products such as online betting.<\/p>\n","protected":false},"author":2,"featured_media":4795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Tabcorp is implementing strategic measures to mitigate the financial impact of widespread casino and licensed venue closures across Australia due to COVID-19. The company is reducing capital and operating expenditure while actively promoting its lottery, wagering, and Keno products through digital channels to accelerate customer migration from retail to online platforms.","focusai_entities":"Tabcorp, David Attenborough, Australian government","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), product_ux (0.7), tech_data (0.75), marketing_crm (0.85), payments_fraud_aml (0.7), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"NGR Impact Analysis","query":"What is Tabcorp's projected Net Gaming Revenue (NGR) impact from the retail venue closures, offset by the anticipated uplift in digital channel GGR for wagering and lottery products?"},{"label":"Digital CapEx Strategy","query":"How will Tabcorp's revised capital expenditure (CapEx) allocation specifically accelerate its digital product roadmap and platform enhancements to support the increased online customer base?"}],"footnotes":""},"categories":[160,16336,157],"tags":[289,3573],"class_list":["post-4792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-australasia-news","category-business-news","tag-australia","tag-lottery"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=4792"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4792\/revisions"}],"predecessor-version":[{"id":777013988,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4792\/revisions\/777013988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/4795"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=4792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=4792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=4792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}