Tabcorp Holdings has announced that Gillon McLachlan will assume the roles of CEO and managing director of the ASX sportsbook group, effective August 5.
This appointment concludes Tabcorp’s search for a replacement for Adam Rytenskild, who resigned in March following inappropriate comments about a female executive.
McLachlan, the former CEO of the Australian Football League (AFL), oversaw significant growth during his tenure, doubling the league’s revenue to over A$1 billion in 2023 and securing the largest broadcast deal in Australian sports history. He also expanded the AFL competition to 18 teams and launched the AFLW competition.
Chairman Bruce Akhurst said: “Gill needs no introduction – he’s one of Australia’s leading CEOs, and bringing in Gill is a major vote of confidence for the future of Tabcorp. We have built a strong foundation, and Gill brings a growth mindset and the ability to capitalize on the opportunities that come our way.”
McLachlan will guide Tabcorp as the ASX Group continues its strategic rebuild, including the relaunch of its new online sportsbook and media platform, AUS Racing. Additionally, the TAB business will operate as a standalone entity for the Victorian betting and wagering license starting in 2025.
Akhurst added: “Gillon has a deep understanding of sport, racing, and betting, coupled with significant commercial acumen, evidenced by the AFL’s substantial revenue growth under his leadership. His experience in securing major broadcast rights deals in Australian sports is crucial, and we are excited about the potential growth opportunities for our sportsbook and media businesses under his leadership.”
Notably, in 2012, McLachlan was considered for the CEO position of the Australian National Rugby League and the English club Liverpool.
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