Australian gaming company Tatts has reported a slight fall in net profit in the six months through to December 31, but remains confident of its full-year results, according to the Australian newspaper. The report said that Tatts generated a net profit from ordinary activities of Aus$121.97 million (€79.7 million/$109.4 million) – a 5% fall from Aus$128.32 million in the corresponding period of 2012. However, the figures excluded revenue from Tatts’ now-discontinued Victorian operations. On a continuing activity basis, net profit rose by 12.2% thanks to record earnings from lotteries, increasing online demand, better cost control and lower interest expenses. Total…

iGaming Business – Australian gaming companies Tabcorp and Tatts are seeking repayments of more than AUS$1 billion (€651.6 million/US$880.4 million) from the Victorian Government after changes were made to poker machine regulations. According to ABC Australian, the Supreme Court in Melbourne heard that Tabcorp is suing for nearly $700 million plus interest after claiming it as entitled to a payment when its poker machine licences expired in 2012. The Tatts Group is said to be seeking about $500 million from the Government in the Australian state of Victoria. The two companies held a duopoly to operate 27,000 gaming machines outside…