November 27, 2017 / 11:20 PM / 20 days ago

Australia's Tatts Group Q1 profit climbs as lotteries revenue rises

Nov 28 (Reuters) - Australian lottery operator Tatts Group Ltd on Tuesday posted a 15 percent rise in first quarter net profit from continuing operations, driven by strong sales from its lotteries business and controls on expenses.

Tatts said its net profit from continuing operations rose to A$67.2 million ($51.1 million), while quarterly revenue rose 7 percent to A$743.1 million.

$1 = 1.3153 Australian dollars Reporting by Chandini Monnappa in Bengaluru; editing by Richard Pullin

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