Tabcorp Holdings Limited
(ASX:TAH) boss David Attenborough is betting punters will get a boost from the change in government as they turn their attention to the spring racing carnival.
Speaking at the launch of the company's spring racing campaign, Mr Attenborough said punters had been feeling more positive recently.
Tabcorp is expected to provide an earnings update and first quarter trading performance next week.
The spring racing carnival is a crucial earnings period for Tabcorp. Last year NSW and Victorian TAB racing turnover was more than $2 billion for the carnival with $184 million plunged on Melbourne Cup day.
Tabcorp is expected to book 2000 transactions a second and a total of 50 million transactions on Cup day.
Tabcorp generated a net profit of $126.6 million in fiscal 2013.
