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29.3.2006 - Tattersalls (gambling organisation)

Revision as of 15:02, 28 March 2006 Current revision Line 1: Line 1: - ''' Tattersalls Limited''' is a ((Victoria, Australia|Victoria))n ((lotto|lottery))/gaming company. Tattersalls is licensed to sell lottery related products including ((Australian Lottery Games#Super 66|Super 66)), ((Australian Lottery Games#Tattslotto|Tattslotto)), ((Australian Lottery Games#Oz lotto|Oz Lotto)), Instant 'scratchies' and ((Australian Lottery Games#Tatts Keno|Keno)) in the ((Australia))n states of ((Tasmania)) and ((Victoria)), as well as the ((Northern Territory)) and ((Australian Capital Territory)). Tattersalls related products are sold in 900 venues across ((Tasmania)) and ((Victoria)). + ''' Tattersall's Limited''' is a ((Victoria, Australia|Victoria))n ((lotto|lottery))/gaming company. Tattersall's is licensed to sell lottery related products including ((Australian Lottery Games#Super 66|Super 66)), ((Australian Lottery Games#Tattslotto|Tattslotto)), ((Australian Lottery Games#Oz lotto|Oz Lotto)), Instant 'scratchies' and ((Australian Lottery Games#Tatts Keno|Keno)) in the ((Australia))n states of ((Tasmania)) and ((Victoria)), as well as the ((Northern Territory)) and ((Australian Capital Territory)). Tattersall's- related products are sold in 900 venues across ((Tasmania)) and ((Victoria)). ==Gambling Operations== ==Gambling Operations== ''Main Article: ((Australian Lottery Games))'' ''Main Article: ((Australian Lottery Games))'' - ((Image:Tattersalls_Ticket.JPG|frame|right|A Tattersalls Ticket)) + ((Image:Tattersalls_Ticket.JPG|frame|right|A Tattersall's Ticket)) - Tattersalls has an effective ((monopoly)) over lotteries in ((Victoria)), ((Tasmania)), and the ((Northern Territory)) ; there being no other licensed operators. (In the ((Australian Capital Territory)), Tattersalls operate in competition with ((New South Wales Lotteries)).) They also own several ((poker machines)) and the rights to betting in the ((Australian Football League)) matches '((Australian Lottery Games#Tipstar|Tipstar))'. Their main competition is from ((casino ))s. Games include ; "((Australian Lottery Games#Tattslotto|Tattslotto))" which runs on a Saturday night . "((Australian Lottery Games#Oz Lotto|Oz Lotto))" which runs on a Tuesday night . "((Australian Lottery Games#Wednesday Lotto|Wednesday Lotto))" exactly the same as Tattslotto but its on a Wednesday night . "((Australian Lottery Games#Tatts Keno|Tatts Keno))" that runs everyday. "((Australian Lottery Games#Tatts Two|Tatts Two))" also running daily . "((Australian Lottery Games#Powerball|Powerball))" that runs on a Thursday night. Players can choose numbers in all games themselves or request a "Quick Pick" where random numbers are chosen by a computer. Most games are shown on commercial television at around 9:00. Keno and Tatts 2 results are published in local newspapers. "Scratchies" can be purchased at retail outlets. Players can invest in a "Tatts card" which can register their weekly numbers records all tickets they purchased and guarantees prizes even if a player loses the ticket. + Tattersall's has an effective ((monopoly)) over lotteries in ((Victoria)), ((Tasmania)), and the ((Northern Territory)) , there being no other licensed operators in these states . (In the ((Australian Capital Territory)), Tattersall's operates in competition with ((New South Wales Lotteries)).) The company also owns several ((poker machines)) and the rights to betting in the ((Australian Football League)) matches '((Australian Lottery Games#Tipstar|Tipstar))'. Their main competition is from ((casino ))s. Games include "((Australian Lottery Games#Tattslotto|Tattslotto))" , which runs on a Saturday night ; "((Australian Lottery Games#Oz Lotto|Oz Lotto))" , which runs on a Tuesday night ; "((Australian Lottery Games#Wednesday Lotto|Wednesday Lotto))" , which is the same as Tattslotto but operates on a Wednesday night ; "((Australian Lottery Games#Tatts Keno|Tatts Keno))" , which operates every day; "((Australian Lottery Games#Tatts Two|Tatts Two))" , which also operates daily ; "((Australian Lottery Games#Powerball|Powerball))" , which runs on a Thursday night. Players can choose numbers in all games themselves or request a "Quick Pick" where random numbers are chosen by a computer. Most games are shown on commercial television at around 9:00. Keno and Tatts 2 results are published in local newspapers. "Scratchies" can be purchased at retail outlets. Players can invest in a "Tatts card" which can register their weekly numbers records all tickets they purchased and guarantees prizes even if a player loses the ticket. ==History== ==History== - Tattersalls history can be traced back to ((George Adams)) in ((1881)). Adams moved to ((Australia)) from ((England)) at the age of 16 and worked in many positions including ((publican)), ((stock broker)) and ((baker)). In ((1881)) Adams who worked as a ((publican)) in ((Sydney)) took bets on horses which could be considered the start of the gambling company. + The history of Tattersall's can be traced back to ((George Adams)) in ((1881)). Adams moved to ((Australia)) from ((England)) at the age of 16 and worked in many positions including ((publican)), ((stock broker)) and ((baker)). In ((1881)) Adams who worked as a ((publican)) in ((Sydney)) took bets on horses which could be considered the start of the gambling company. - However the company started serious lottery when ((George Adams|George)) moved to ((Hobart)) in ((1895)) a move supported by the ((Government of Tasmania|Tasmanian Government)). He set up his first operation there and eventually the company grew/developed in other states. + However , the company started a serious lottery when ((George Adams|George)) moved to ((Hobart)) in ((1895)) a move supported by the ((Government of Tasmania|Tasmanian Government)). He set up his first operation there and eventually the company grew/developed in other states. ==Controversy== ==Controversy== - Being a gambling company ((Tattersalls)) is subject to controversy. While the company has often enjoyed support from both the ((Victoria, Australia|Victoria))n and ((Tasmania))n governments, gambling has become a problem in both these states. Neither state has banned advertising of Tattersalls products despite the fact they run advertisements cautioning engagement in gambling. The company could be subject to legal battles, some complain about the odds of games. Tattersalls generally only returns 60% of weekly revenue back into the prize pools (some is saved for a ((Australian Lottery Games#Super Draw|Super Draw))). It is estimated that 1/3 of ((Victoria, Australia|Victorians)) play Tattersalls games each week. This rising in the ((Australian Lottery Games#Super Draw|Super Draws)). In ((2004)) Tattersalls changed the appearance of their tickets and replaced the outlet machines across Australia. The new tickets they developed were considerably longer and the numbers were squashed smaller; making them harder to see for older players ( whom make up a large proportion of their customers). Other people complained that Tattersalls tickets looked to similar to supermarket receipts and were being thrown away. Their exclusive licenses to many gambling operations are constantly under review by governments. + Being a gambling company Tattersall's is subject to controversy. While the company has often enjoyed support from both the ((Victoria, Australia|Victoria))n and ((Tasmania))n governments, gambling has become a problem in both these states. Neither state has banned advertising of Tattersall's products despite the fact they run advertisements cautioning engagement in gambling. The company could be subject to legal battles, some complain about the odds of games. Tattersall's generally only returns 60% of weekly revenue back into the prize pools (some is saved for a ((Australian Lottery Games#Super Draw|Super Draw))). It is estimated that 1/3 of ((Victoria, Australia|Victorians)) play Tattersall's games each week. This rising in the ((Australian Lottery Games#Super Draw|Super Draws)). In ((2004)) Tattersall's changed the appearance of their tickets and replaced the outlet machines across Australia. The new tickets they developed were considerably longer and the numbers were squashed smaller; making them harder to see for older players ( who make up a large proportion of their customers). Other people complained that Tattersall's tickets looked too similar to supermarket receipts and were being thrown away. Their exclusive licences to many gambling operations are constantly under review by state governments. ==Inheritance== ==Inheritance== - When Tattersalls was created; ((George Adams)) structured the company so the original workers families would inherit the profits. This created effective ' Tattersalls heirs '; future generations inherited a share in the companies profits. This was sometimes thought of as being unfair seeing people inherited the profits of a multi-million dollar company simply through birth. In ((2005)) the company decided to list on the ((Australian Stock Exchange)) " Tattersalls heirs" were now allowed the sell their stake in the company and for the first time the public could buy into it. After the listing on the stock exchange local newspapers and media listed the names of these "Heirs". + When Tattersall's was founded, ((George Adams)) structured the company so the original workers ' families would inherit the profits. This created so-called "Tattersall ' s heirs ": subsequent generations inherited a share in the company's profits. This was sometimes thought of as being unfair seeing people inherited the profits of a multi-million dollar company simply through birth. In ((2005)) the company decided to list on the ((Australian Stock Exchange)) " Tattersall's heirs" were now allowed the sell their stake in the company and for the first time the public could buy into it. After the listing on the stock exchange local newspapers and other news media listed the names of these "Heirs". ==See also== ==See also== Line 30: Line 30: ==External links== ==External links== - *(http://www.tattersalls.com.au Tattersalls ' website) + *(http://www.tattersalls.com.au Tattersall ' s website) *(http://www.in2play.com.au/Stats.htm Website detailing Lotto stats) *(http://www.in2play.com.au/Stats.htm Website detailing Lotto stats)

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