GVC Holdings (Ladbrokes parent), Private Equity Groups and...

GVC Holdings (Ladbrokes parent), Private Equity Groups and Caesars are all rumored in the Australian newspaper, AFR amongst other journals to be looking at bidding for the company and this data center consolidation issue causes a system outtage.

All at a really lowball SP? It all looks a bit crazy.

Do Tabcorp not have any governance, risk and compliance staff around to solve issues like this? Does Attenborough run everything including governance, risk and compliance on a shoestring? No wonder TabCorp has been having so many issues it can became the prime takeover target on the index.

the $38 million data center consolidation with Next DC looked too cheap to me at the time. it sort of said to the market, we are doing governance, risk and compliance Australian style and leaving ourselves exposed to a greater problem.

Now they might lose their Victorian Government contract for penny pinching in governance, risk and compliance.

David Attenborough, the Board and executive not only deserve the sack if this is a governance, risk and compliance failing. they should be banned by ASIC IMHO especially now that Biden forces are looking at protection, better regulation and not leaving exposures all around.

Attenborough, the Board and executive should not only be sacked if it is their fault. the law should be changed such that the Directors and executives are personally liable and potentially face extensive gaol terms for obvious faults in governance, risk and compliance. Especially if the company is run with massive exposures.

Bring on GVC, Caesars and the Private Equity Groups.