Shares of Tabcorp Holdings increased as much as 1.40% to A$1.0775.

The gambling platform operator announced that it has broadened its digital vision supply agreement with Sportsbet, now to last an additional 10 years until July 31, 2036.

The agreement is expected to generate between A$30 million and A$40 million in EBITDA in FY24.

Among 12 analysts, seven rate the stock as ‘buy’ or higher, four hold a ‘hold’ position, and one recommends to ‘sell’.

Their median price target is A$1.21.

This year, the stock has fallen by 0.47%, as of the last close.

Tabcorp Holdings is a major player in the gaming and entertainment industry.