Add Tabcorp-Tatts to international bookmakers eyeing foray into U.S.

Dec 26, 2017 9:39 AM

Add the recently merged Australian global gaming giant now known as Tabcorp-Tatts to the international bookmakers eyeing a foray into the United States if sports wagering become legal nationwide.

Tabcorp chief executive David Attenborough revealed the company's plans after last week’s official consummation of the $11 billion (about $8.5 billion US) mega-merger.

He said his top priority is now integrating the two companies, their businesses, technology, and employees across wagering, lotteries and gaming services divisions.

He added that the company’s "strong balance sheet", means it would be poised to start considering expansion into international markets after the integration process was completed in addition to fortifying its Australian operations.

"There is real momentum for the legalizing of sports betting in the United States," Attenborough said. "It's something that's been in the cards for years."

A ruling on New Jersey’s challenge to the federal law banning single-team sports bets everywhere except Nevada is expected in the first half of 2018.