Tabcorp Holdings Limited
(ASX:TAH) has announced a special dividend and capital raising while posting a interim profit jump on the back of higher betting volumes.
The gambling and entertainment company boosted its net profit by 64 per cent to $122.4 million in the first half of the 2015 financial year.
The result was aided by the company’s wagering business following the Spring racing carnival in Australia and Soccer World Cup in Brazil.
An interim dividend of 10 cents per share has been declared in addition to a fully franked special dividend of 30 cents per share.