TABcorp Holdings Ltd. http://www.alacrastore.com/company-snapshot/TABcorp_Holdings_Ltd-1051831 Friday, October 10, 2008 11:03:32 PM 1051831 TABcorp Holdings Ltd. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/675854spcred/675854normThe latest Full Report from S&Pglobal10/8/2008 11:26:00 PM400Full Report675854AustraliaCasinos & GamingPacificGlobal IssuersCorporationsMedia & EntertainmentHotel & GamingFull ReportStrong regulated market positions across core casino and wagering businesses Good business and geographic diversity across major Australian states Stable underlying demand for gaming and wagering services Sound and reasonably stable free-operating cash flow Exposure to regulatory risks, particularly those related to license renewal, taxes, and operating restrictions Execution risks relating to major redevelopment of Star City casino Sensitivity to consumer discretionary spending trends Potential competitive threats from expanding regional gaming markets and new competitors The ratings on Tabcorp Holdings Ltd. and Tabcorp's related companies reflect primarily the group's strong, regulated market positions in gaming and wagering in the Australian market, which underpin sound and relatively stable free-operating cash flow. Regulatory risks relating to license renewal and operating restrictions, andAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUFULLAUSQ8815#25301010 253010 2530 25Tabcorp Investments No. 4 Pty Ltd.382360PACGLOBISSCORPMediaHotelCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/675849spcred/675849normThe latest Full Report from S&Pglobal10/8/2008 9:04:17 PM400Full Report675849AustraliaCasinos & GamingPacificGlobal IssuersCorporationsHotel & GamingMedia & EntertainmentFull ReportStrong regulated market positions across core casino and wagering businesses Good business and geographic diversity across major Australian states Stable underlying demand for gaming and wagering services Sound and reasonably stable free-operating cash flow Exposure to regulatory risks, particularly those related to license renewal, taxes, and operating restrictions Execution risks relating to major redevelopment of Star City casino Sensitivity to consumer discretionary spending trends Potential competitive threats from expanding regional gaming markets and new competitors The ratings on Tabcorp Holdings Ltd. and Tabcorp's related companies reflect primarily the group's strong, regulated market positions in gaming and wagering in the Australian market, which underpin sound and relatively stable free-operating cash flow. Regulatory risks relating to license renewal and operating restrictions, andAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUFULLAUSQ8815#25301010 253010 2530 25Tabcorp Investments No. 4 Pty Ltd.382360PACGLOBISSCORPHotelMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/675850spcred/675850normThe latest Summary from S&Pglobal10/8/2008 9:04:17 PM175Summary675850AustraliaCasinos & GamingPacificGlobal IssuersCorporationsHotel & GamingMedia & EntertainmentSummaryThe ratings on Tabcorp Holdings Ltd. and Tabcorp's related companies reflect primarily the group's strong, regulated market positions in gaming and wagering in the Australian market, which underpin sound and relatively stable free-operating cash flow. Regulatory risks relating to license renewal and operating restrictions, and an increase in competition for consumer spending on leisure and entertainment activities do, however, remain inherent industry risks and represent sensitivities to Tabcorp's operating performance and credit-risk profile. A Victorian government announcement on April 10, 2008 means Tabcorp's gaming licenses in the state of Victoria (AAA/Stable/A-1+) will not be renewed beyond 2012 and the company will need to tender for a new wagering licence. While the loss of the Victorian gaming license is negative forAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUSUMMARYGLOBISSCORPHotelMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/663798spcred/663798normThe latest News from S&Pglobal8/6/2008 11:37:00 PM100News663798AustraliaCasinos & GamingPacificGlobal IssuersCorporationsMedia & EntertainmentHotel & GamingNewsMELBOURNE (Standard&Poor's) Aug. 7, 2008--Standard&Poor's Ratings Services today said that its ratings on Tabcorp Holdings Ltd. (BBB+/Stable/--) are unaffected by Tabcorp's fiscal 2008 after-tax loss of A$164.6 million, which included non-cash balance-sheet adjustments. Tabcorp's normalized after-tax profit of A$516.9 million was a good result given the tougher economic conditions in Australia, which has put increased pressure on customer discretionary spending. Other operating challenges included the negative effects of the Equine Influenza outbreak, smoking bans, and higher electronic gaming machine tax levy. Importantly, Tabcorp's key cash-flow-protection measures have continued to meet expectations for the 'BBB+' rating, with the company expected to raise additional equity through its dividend reinvestment plan over the next few years to offset theAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUNEWSGLOBISSCORPMediaHotelCredit & Investment ResearchS&P Credit ResearchAUSTRALIA - Tatts Group Ltd was rumored to be planning to merge with Tabcorp Holdings Ltd, a lottery and gambling services provider.7/15/2008 12:52:45 PM88418N87319R88418N87319RTatts Group LtdTabcorp Holdings LtdTatts Group LtdTabcorp Holdings Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Tatts_Group_Ltd_is_rumored_to_be_planning_to_acquire_Tabcorp_Holdings_Ltd-1995437040sdc/19954370401995437040Copyright © 2008, Thomson Financial, All Rights ReservedAustraliaAmusement and Recreation ServicesAustraliaAmusement and recreation svcs7999FFForeignPublicTTS7011:Hotels and motels7999:Amusement and recreation svcs7011:Hotels and motels7999:Amusement and recreation svcsAustraliaAmusement and Recreation ServicesAustraliaCoin-operated amusement devices7993FFForeignPublicTAH485495003Own,op betting,gaming machPvd lottery,gambling svcsUnspecifiedOrdinary Share285323002Jul 15 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.00000Tatts Group Ltd, based inMelbourne, Victoria, owns andoperates betting and gamingmachines. Its other mainactivities are warehousing,installing, relocating,repairing and maintaining gamemachines, lottery and wageringterminals and othertransaction devices mostly inAustralia. The company'sbrands include Tatts Pokies,Tatts Lotteries, Unitab, MaxGaming, Byte Craft and TattsInternational.Tatts Group Ltd, based in Melbourne, Victoria, owns andoperates betting and gaming machines. Its other mainactivities are warehousing, installing, relocating,repairing and maintaining game machines, lottery andwagering terminals and other transaction devices mostly inAustralia. The company's brands include Tatts Pokies, TattsLotteries, Unitab, Max Gaming, Byte Craft and TattsInternational.Tatts Group Ltd, based in Melbourne, Victoria, owns and operates betting and gaming machines. Its other main activities are warehousing, installing, relocating, repairing and maintaining game machines, lottery and wagering terminals and other transaction devices mostly in Australia. The company's brands include Tatts Pokies, Tatts Lotteries, Unitab, Max Gaming, Byte Craft and Tatts International.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.00000Tabcorp Holdings Ltd, locatedin Melbourne, Victoria,provides lottery and gamblingservices. The Group'sprincipal activities arecarried out through fivebusiness segments: Wagering:Totalisator and fixed oddsbetting activities. Gaming:Operates gaming machine andKeno operations in licensedclubs and hotels. Casinos:Operates casinos includinghotels, apartment complex,theatres, restaurants andbars. Media: National andinternational broadcasting ofracing and sporting events.International: Selling oftechnology and product anddeveloping opportunitiesoutside Australia. The group,operating predominantly inAustralia, was founded in1994.Tabcorp Holdings Ltd, located in Melbourne, Victoria,provides lottery and gambling services. The Group'sprincipal activities are carried out through five businesssegments: Wagering: Totalisator and fixed odds bettingactivities. Gaming: Operates gaming machine and Kenooperations in licensed clubs and hotels. Casinos: Operatescasinos including hotels, apartment complex, theatres,restaurants and bars. Media: National and internationalbroadcasting of racing and sporting events. International:Selling of technology and product and developingopportunities outside Australia. The group, operatingpredominantly in Australia, was founded in 1994.Tabcorp Holdings Ltd, located in Melbourne, Victoria, provides lottery and gambling services. The Group's principal activities are carried out through five business segments: Wagering: Totalisator and fixed odds betting activities. Gaming: Operates gaming machine and Keno operations in licensed clubs and hotels. Casinos: Operates casinos including hotels, apartment complex, theatres, restaurants and bars. Media: National and international broadcasting of racing and sporting events. International: Selling of technology and product and developing opportunities outside Australia. The group, operating predominantly in Australia, was founded in 1994.0.000000.000000.00000524.93000N14 Jul 08Mon, 14 Jul 2008 00:00:00 ESTDate Announced: 07/14/2008Date Effective:MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000002830.597009.295009.271009.963000.000000.000000.000000.000000.000000.000000.000005404.533000.000000.000000.000000.000000.000001.000002.000003.000004.000005.00000AUSTRALIA - Tatts Group Ltdwas rumored to be planning tomerge with Tabcorp HoldingsLtd, a lottery and gamblingservices provider.AUSTRALIA - Tatts Group Ltd was rumored to be planning to merge with Tabcorp Holdings Ltd, a lottery and gambling services provider.AUSTRALIA - Tatts Group Ltd was rumored to be planning to merge with Tabcorp Holdings Ltd,a lottery and gambling services provider.AUSTRALIA - Tatts Group Ltd was rumored to be planning to merge with Tabcorp Holdings Ltd, a lottery and gambling services provider.AUSTRALIA - Tatts Group Ltd was rumored to be planning to merge with Tabcorp Holdings Ltd, a lottery and gambling services provider.Rumor0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Rumor-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000004832:Radio broadcasting stations4833:Television broadcasting stations7011:Hotels and motels7993:Coin-operated amusement devices7999:Amusement and recreation svcs485495003AustraliaAustralia7999ForeignPublicTTS4832:Radio broadcasting stations4833:Television broadcasting stations7011:Hotels and motels7993:Coin-operated amusement devices7999:Amusement and recreation svcs285323002AustraliaAustralia7993ForeignPublicTAH0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/650307spcred/650307normThe latest Summary from S&Pglobal5/26/2008 11:20:34 PM175Summary650307AustraliaCasinos & GamingPacificGlobal IssuersCorporationsHotel & GamingMedia & EntertainmentSummaryThe ratings on Tabcorp Holdings Ltd. and Tabcorp's related companies reflect primarily the group's strong, regulated market positions in gaming and wagering in the Australian market, which underpin sound and relatively stable free-operating cash flows. Regulatory risks relating to license renewal and operating restrictions, and an increase in competition for consumer spending on leisure and entertainment activities do, however, remain inherent industry risks and represent sensitivities to the company's operating performance and credit-risk profile. A Victorian government announcement on April 10, 2008 means Tabcorp's wagering and gaming licenses in the state of Victoria (AAA/Stable/A-1+) will not be renewed beyond 2012. While the loss of the licenses are negative for Tabcorp's earnings and business diversity beyond 2012, the company will noAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUSUMMARYGLOBISSCORPHotelMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/650306spcred/650306normThe latest Full Report from S&Pglobal5/26/2008 11:20:33 PM400Full Report650306AustraliaCasinos & GamingPacificGlobal IssuersCorporationsHotel & GamingMedia & EntertainmentFull ReportStrong regulated market positions across core gaming and wagering businesses Good business and geographic diversity across major Australian states Stable underlying demand for gaming and wagering services Sound and reasonably stable free-operating cash flows Exposure to regulatory risks, particularly those related to license renewal and operating restrictions Sizable, although reducing, debt load associated with recent acquisitions Potential competitive threats from expanding regional gaming markets and new competitors The ratings on Tabcorp Holdings Ltd. and Tabcorp's related companies reflect primarily the group's strong, regulated market positions in gaming and wagering in the Australian market, which underpin sound and relatively stable free-operating cash flows. Regulatory risks relating to license renewal and operating restrictions, and an increase in competition for consumer spending onAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUFULLGLOBISSCORPHotelMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/bir/1207895bir/1207895normTABCORP Holdings Ltd.AustraliaServices: Operation of gaming, wagering and hospitality facilities.79997139909HKTAH4/29/2008 6:25:00 AM1207895Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/633763spcred/633763normThe latest Summary from S&P3/3/2008 11:34:04 PMSummary175global633763AustraliaCasinos & GamingPacificGlobal IssuersCorporationsHotel & GamingMedia & EntertainmentSummaryThe ratings on Tabcorp Holdings Ltd. and Tabcorp's related companies reflect the group's strong, regulated market positions in gaming and wagering in the Australian market, which underpin sound and relatively stable free-operating cash flows. Regulatory risks relating to license renewal and operating restrictions, and a general increase in competition for customer's leisure and entertainment dollar do, however, remain inherent industry risks and represent sensitivities to the company's operating performance and credit-risk profile. Tabcorp's reported operating performance for the six months ended Dec. 31, 2007 was mixed across its key businesses, although the 0.6% decline in the company's normalized EBITDA to A$535 million was within our expectations. Good revenue growth from the gaming business and an above-theoretical win rate in theAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUSUMMARYGLOBISSCORPHotelMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/610486spcred/610486normThe latest News from S&P11/1/2007 2:55:37 AMNews100global610486AustraliaCasinos & GamingPacificGlobal IssuersCorporationsMedia & EntertainmentHotel & GamingNewsMELBOURNE (Standard&Poor's) Oct. 31, 2007--Standard&Poor's Ratings Services today said that its 'BBB+' long-term corporate credit rating and stable outlook on Tabcorp Holdings Ltd. (Tabcorp) are unaffected by Tabcorp's agreement with the New South Wales (NSW) state government on the duty payments of Star City casino, and a new 12-year exclusivity arrangement for the casino. However, the exclusivity agreement payment, together with other planned capital expenditure, will require careful funding consideration by Tabcorp to ensure rating stability, particularly at a time when the company's earnings are under pressure. The financial benchmarks for the rating remain total debt to EBITDA less than 2.5x and funds from operations to total debt greater than 25%. Standard&Poor's believes theAUS87330625301010 253010 2530 25Tabcorp Holdings Ltd.129318PACTAH@AUNEWSGLOBISSCORPMediaHotelCredit & Investment ResearchS&P Credit Research