Aug 4 (Reuters) - Tabcorp Holdings Ltd (TAH) -
- Final dividend 12.5 cents per share
- Fy revenue $2.23 billion, up 2 percent
- Fy net loss attributable $20.8 million versus profit of $169.7 million
- Fy npat before significant items $178.9m, down 3.8%
- Overall wagering & media performance impacted by underperformance in Luxbet and Trackside
- Strategic review of Luxbet is underway, while review of Trackside's product and marketing activity has been completed, with new initiatives planned for fy18
- Sun Bets recorded an FY17 ebitda loss of $46.2m
- Sun Bets leadership and operations have been reset to improve positioning of business for fy18
- Tabcorp and Tatts remain committed to combination and are continuing to progress transaction
- Expect to complete merger with tatts in last quarter of 2017
- "Our plan for fy18 centres on completing combination with Tatts"
- Significant items after tax in fy17 totalled $199.7m
