Tabcorp (ASX:TAH) has reported its net profit for the period attributable to members for the 2018 financial year was $28.7 million.
This compares with a loss of $20.8 million for the 2017 financial year.
In more good news for the gaming company, its revenue strengthened over the 2018 financial year, and lifted 71 per cent to $3.8 billion.
Earnings (EBITDA) rose by almost 70 per cent to $529 million.
The company declared a fully franked dividend of 10 cents per share to be paid on the 14th of September.
Shares in Tabcorp (ASX:TAH) are trading 6 per cent higher at $4.77 following the results.