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Australia: Weather hurt Tabcorp

4 February 2011

QUEENSLAND, Australia -- The Queensland floods may impact Tabcorp's revenue by $10 million, The Herald Sun reported.

Figures released yesterday showed revenue grew during January, despite the floods, The Herald Sun said.

The figures released are for the first half of the year to December 2010 and show net profit up 4.2 percent, the report said.

However Tabcorp's other three divisions final results will show the flood impact, according to The Herald Sun.

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