The Australian gambling market was hit with hard times recently. After the global recession, it was difficult for casinos and gambling operators to recover their lost revenue, but now things finally seem to be getting better. TabCorp, one of the biggest gambling operators in Australia, has reported record earnings for the financial year.

This year, TabCorp is proud to boast a 14% increase in profits, reporting a $550 million revenue jump in 2010. This is the result of many different business deals the company has undertaken, which have helped to boost the company's own profile and its profits. Most recently, TabCorp secured a Keno license in Victoria, becoming the only operator to offer Keno games in the area.

The deal was a lucrative one, and TabCorp received a massive $60 million one-off payment to seal the deal. Over the next year, TabCorp will continue to develop its gaming products to make them attractive to gamers of all kinds across the country. In addition to working on existing platforms, the company will also work on creating new technological innovations for the Australian gambling market, including a new online wagering platform.

About the Author

George Anderson
Author George, has over 25+ years’ experience in the Pokies and Casinos industry throughout Australia and New Zealand. Loves to research new Pokies games on the block and follows announcements from top industry providers about their upcoming releases. As soon as a new interesting pokie game appears on his radar, George is there to check it out and give you the scoop before anyone else and tell you about all casino sites where can play the latest game. Before this gig, George worked as Pokie game tester, making him an ideal candidate for this genre of work. He is also an animal lover and a proud owner of three dogs.