Tabcorp share price lifts following $62m eBet sale

Finance News

Tabcorp is showing off the first fruits of its decision to adopt the Google-made Flutter to underpin its software development, in the form of a new TAB app.

The move represents the first major upgrade to the TAB app in two years, and includes faster betting, Sky Racing and Sports Vision added to betting slips, a new Venue Mode, and a personalised home page.

Underneath, the company said, the Flutter platform speeds its product development by 160 percent.

Tabcorp CEO Adam Rytenskild said the app had been released in readiness for the major Spring Carnival Races, as well as for the football grand finals.

“The Flutter technology will allow us to update our app fortnightly if we want,” he said.

Tabcorp chief customer officer Jenni Barnett said product teams are already working on the next phase of TAB’s digital upgrade, and predicted there will be two new products before Christmas, ahead of multiple upgrades of the app in 2023.