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COMPUTER HARDWARE & SERVICES | Gaming
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About eBET Group

eBET is a gaming systems company that develops and markets a range of networked solutions for electronic machines. It is based in North Ryde, New South Wales.

eBET Group Headquarter Location

Unit 13, 112 118 Talavera Road

North Ryde, New South Wales, 2113,

Australia

Latest eBET Group News

The Tabcorp (ASX:TAH) share price has beaten the ASX 200 by 25% this last year

Oct 25, 2021

The gaming entertainment group has outperformed the broader market over the last 12 months. Brooke's interests in finance and the share market evolved during her time at Charles Sturt University. There, she studied a Bachelor of Communication, majoring in journalism and sub-majoring in international relations. In her spare time, you'll find Brooke gallivanting around South East Queensland, no doubt with her dog in tow. You can view Brooke's holdings here . Latest posts by Brooke Cooper ( see all ) Image source: Getty Images The Tabcorp Holdings Limited (ASX: TAH) share price has outperformed the S&P/ASX 200 Index (ASX: XJO) by a long shot over the last 12 months. Since this time last year, the ASX 200 has gained 20.93%. Meanwhile, the Tabcorp share price has soared 46.65%. It’s currently trading at $5.04. So, what’s been driving the Tabcorp share price to perform better than most of its ASX 200 peers? Let’s take a look. Why has the Tabcorp share price outperformed? The last 12 months have seen the Tabcorp share price boosted numerous times. Interestingly, the company’s biggest daily gain came after it addressed media speculation on 6 November 2020. Then, the company rebutted media reports that private equity firms and high-profile bookmaker Matthew Tripp were interested in acquiring Tabcorp. Late on 5 November, The Australian reported a private equity consortium wished to purchase the then-struggling Tabcorp, valuing the business at around $9 billion. At the time, the company was reportedly worth $7.7 billion. The publication also reported another group wanted to purchase Tabcorp’s wagering business. However, Tabcorp hit back at the reports by simply stating, “Tabcorp is not aware of, and has not received, any proposal in respect of the company or its businesses”. Despite the rumours being refuted, the Tabcorp share price shot 15.8% higher. Then, on 2 February, the market heard more media speculation. This time, reports claimed a party was interested in purchasing Tabcorp’s wagering arm which is attached to its media business. This time, Tabcorp responded positively to the rumours , saying, “Tabcorp confirms that it has received a number of unsolicited approaches and proposals in relation to a potential transaction involving Tabcorp’s Wagering and Media business”. Once again, the company’s share price surged 8.7%. Tabcorp did end up deciding to split its wagering and media segment from the rest of its business. However, it didn’t sell it. As it stands, Tabcorp is planning to spin off its Lotteries and Keno segment and focus only on its wagering and media business next year. Should you invest $1,000 in Tabcorp right now? Before you consider Tabcorp, you'll want to hear this. Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Tabcorp wasn't one of them. The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more. * And right now, Scott thinks there are 5 stocks that are better buys.

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Expert Collections containing eBET Group

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

eBET Group is included in 1 Expert Collection, including Gaming.

G

Gaming

4,657 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

eBET Group Patents

eBET Group has filed 3 patents.

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Application Date

Grant Date

Title

Related Topics

Status

6/29/2012

2/18/2014

Open formats, Computing input devices, HTML5, HTML editors, Web development

Grant

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Application Date

6/29/2012

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Grant Date

2/18/2014

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00/00/0000

Title

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Related Topics

Open formats, Computing input devices, HTML5, HTML editors, Web development

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Status

Grant

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