Tabcorp Holdings Limited is an Australia-based gambling entertainment company. The Company operates its business through two segments: Wagering and Media, and Gaming Services. The Wagering and Media provide betting facilities through physical venues and online services under the TAB brand, and the television, online and radio broadcasting of racing under the Sky brand. The Wagering business offers totalizator (or pari-mutuel) and fixed odds betting on racing, sports and other events. It operates through a network of TAB agencies, hotels and clubs, and on-course operations. The Gaming Services provides monitoring and related services for electronic gaming machines (for regulatory purposes) and the supply, installation, maintenance, repair and systems enhancement of electronic gaming machines, lottery and wagering terminals and other transaction devices in Australia (for venues). It operates two units under the MAX brand: MAX Regulatory Services and MAX Venue Services.