StudentShare solutions
Triangle menu

Tabcorp - Case Study Example

Nobody downloaded yet

Extract of sample

Catalano. The Singapore government is accepting project plans for an integrated entertainment complex that will rise either in Sentosa Island or in the Marina Bayfront. Thus, Tabcorp sees that it may have to contend with other bidders such as Las Vegas-based firms MGM Mirage, Kerzner International and Wynn Resorts. However, Slater said that the company's goal is to have a controlling interest in the leisure and entertainment development citing that operating and managing are the areas where Tabcorp can add value (Matterson 2005, p.27). Tabcorp though is not ruling out joint ventures with other parties for the Singapore casino project.
When asked as to the income implications for the company's first foray outside Australia, Slater told the Australian that it would take three to four years for this to bear out. The period is the estimated duration of the casino project to be finished.
According to gambling analysts, it would be "impossible" to say whether the offshore project will benefit Tabcorp's investors or not in the long run (Catalano 2005, page 2 of the Business section). The market however reacted positively after Tabcorp's announcement, with the firm's stock jumping 17 cents to 30 cents. ...Show more


Tabcorp announced that it plans to build its first offshore project in Singapore that would cost more than half a billion dollars. The group will develop a leisure complex featuring a casino, luxury hotels, a theme park and retail outlets. When interviewed by The Australian's H…
Author : uriah71
Tabcorp essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the case study on your topic
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Advance coorperate finance
Advance Corporate Finance Valuation The free cash flow is the measurement through which the financial performance of a firm can be detected. This is the amount that helps the company to analyze the profitability of the company as the expenses and the amount to be reinvested by the company is already made.
3 pages (750 words) Essay
Stocks Returns Investment Analysis
The excess returns of these stocks are identified by applying the Three Factor Model given by Fama and French in 1993. This model postulates that a given stock’s excess return is mainly dependent upon three factors which are as follows: Excess Market Return (EMR); Small Company Returns minus Big Company Returns (SMB)
4 pages (1000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Contact Us