0023 GMT - Macquarie analysts are wagering that Australian betting company Tabcorp could seek to sell its gaming services unit, which "may be a way to release capital for other needs," they say. They tell clients in a note that Tabcorp's gaming services business, which monitors slot machines and has a 67% market share, has no synergies with its main wagering and media unit. They add that there may be opportunities for Tabcorp to acquire or extend monitoring licenses, maximizing the unit's value under a sale. The Macquarie analysts figure the gaming services business is worth A$610 million. But they retain a neutral rating on Tabcorp shares, noting recent underperformance at the company. (mike.cherney@wsj.com; @Mike_Cherney)
(END) Dow Jones Newswires
September 12, 2024 20:23 ET (00:23 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。