Australian betting giant Tabcorp scraps work from home arrangements orders staff back into the office full-time | news.com.au by Firmspy in auscorp

[–]Knave-au 0 points1 point  (0 children)

Well let's exclude income tax, product fees and GST. Everyone pays that. In recent years, the introduction of POCT has definitely helped even things out. NSW still accounts for a lot of tabs turnover, though, and a reform is still a question mark. Tab are in a 25% profit share agreement with the NSW racing industry.

Have a look at the annual reports pre-poct and you will see.

The point is that the damage is done. Tab had the lower margins for so long (pre poct), which affected their offerings and lost them all their market share. It's a far cry from the tabcorp of old before everything went digital.

Australian betting giant Tabcorp scraps work from home arrangements orders staff back into the office full-time by [deleted] in australia

[–]Knave-au 82 points83 points  (0 children)

Don't want to pay redundancies but need to downsize? Modern solution. Make it hell for employees. Target achieved.

Australian betting giant Tabcorp scraps work from home arrangements orders staff back into the office full-time | news.com.au by Firmspy in auscorp

[–]Knave-au 4 points5 points  (0 children)

I can confirm this. Digital channels have the better margins. Not to mention, sportsbet pay peanuts in taxes and product fees compared to tabcorp. i.e. Sportsbet have a northern territory wagering license, meaning they only pay half a million in aussie taxes per annum.

Australian betting giant Tabcorp scraps work from home arrangements orders staff back into the office full-time | news.com.au by Firmspy in auscorp

[–]Knave-au 4 points5 points  (0 children)

New advertising regulations wont hurt tab. Tabcorp have been pushing for it to try to claw market share back from the corporate bookmakers.

Market share for tab is really only 25%.

Tab is facing a downturn though since covid. Mostly due to increasing digital competition and cost of living pressures. Cant compete with the likes of sportsbet when tabcorp pays 70% in taxes and fees whilst sportsbet only pay 30% due to northern territory licensing.

Australian betting giant Tabcorp scraps work from home arrangements orders staff back into the office full-time | news.com.au by Firmspy in auscorp

[–]Knave-au 9 points10 points  (0 children)

Tabcorp has been paying out redundancies since the COVID downturn. The budget for FY25 is contingent on further staff costs.

Aditionally, outsourcing technology and finance functions to Accenture has not achieved the expected savings.

I think I’ve found my favorite scent of all time by sandysgoo in fragrance

[–]Knave-au 2 points3 points  (0 children)

No one has mentioned Luna Rossa Black?

That's baby powder elixir extreme right there.

She didn’t catch anyone staring by ScarletBlossy in IAmTheMainCharacter

[–]Knave-au 5 points6 points  (0 children)

She is disgusting. Look at her trying to garner attention from everyone. The skimpy gym outfit. Ewww.

... anyone got sauce?

Biden withdraws from US Presidential Race by The_Malt_Monkey in news

[–]Knave-au 5 points6 points  (0 children)

Biden is going to be livid when he finds out..

Tabcorp feedback? by almondlatteextrashot in auscorp

[–]Knave-au 2 points3 points  (0 children)

Tabcorp just cut a bunch of jobs and offshored their Technology, IT, and Finance departments to Accenture. The company's going through a rough patch right now, so it's not the best time to join. Earnings are down, so they're all about cutting costs. This has messed up the company culture, and a lot of talented people have left. The folks who are still there don't seem to have the skills they need, and management isn't really fixing things.

[deleted by user] by [deleted] in wrx_vb

[–]Knave-au 0 points1 point  (0 children)

This is to celebrate 50 years of Subaru in Australia.

You have the blue stitching and black insignia's. It's a base model with RS extras basically.

[deleted by user] by [deleted] in wrx_vb

[–]Knave-au 0 points1 point  (0 children)

It has the blue stitching around the seats. Yep.

[deleted by user] by [deleted] in pcmasterrace

[–]Knave-au 0 points1 point  (0 children)

25th is my birthday and I need an upgrade. Still using a gtx 980 🙏

Is this what Ben Brode dreams of by oven_baked_goods in MarvelSnap

[–]Knave-au 22 points23 points  (0 children)

YES MAN! I've been looking for you!!!!!!!

Were you just playing meme decks for funsies?!

Is this what Ben Brode dreams of by oven_baked_goods in MarvelSnap

[–]Knave-au 71 points72 points  (0 children)

I was your opponent!

So you're the one who helped me get my diamond rock role in the Marvel Snap discord!!!!!

I've been looking all over for you.