Tote Tasmania

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Tote Tasmania
UBET
Corporatised
Industry Gambling
Headquarters Tasmania, Australia
Key people
Michael Kent, Chairman
Craig Coleman, CEO
Products Totalisator wagering
Sports Betting

Tote Tasmania Pty Ltd was a Tasmanian state-owned company, with its shares being held by the Treasurer and Minister for Racing of Tasmania. It had an exclusive right to conduct pari-mutuel (totalizator) wagering in the state of Tasmania.[1] The company was privatised and sold to Tatts Group for AU$103 million and merged into their operations in 2012.[2] In 2015 Tatts Group combined all of its TAB brands, including The Tote, into a single wagering business called UBET. UBET operates horse, harness, greyhound racing and sports betting via a network retail outlets and nationally via ubet.com.

References[edit]

  1. ^ Tote Tasmania. "About US Tote Tasmania". www.totetasmania.com.au. Retrieved 2009-04-21. 
  2. ^ "Tatts buys Tote Tasmania". Theaustralian.com. 2 December 2011. Retrieved February 5, 2015.