$ £

Tabcorp Sells Odyssey Gaming

Australian gaming group Tabcorp has announced that they've completed their sale of Odyssey Gaming Services, completing an important step toward being able to finalize an AUD$11 billion merger deal between Tab and the Tatts Group.

Federal Group subsidiary Australian National Hotels has taken over Odyssey. One of the conditions of the proposed merger between Tatts and Tabcorp is from the Australian Competition Tribunal was that Odyssey needed to be sold.

Shareholders at Tatts approved of the merger with 98.64% approval.

With that final stumbling block out of the way, Tabcorp and Tatts will merge on December 22nd, marking a huge gaming group within the country.

This story has the potential to be huge, and we'll be updating readers as we learn more.

1 reply • Last post


Forum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 4228
Thanks given: 1413
Thanks received: 476
16 December 2017 - 4:54pm

Wow, that seems to be one of the hugest deals on the year not just down under but probably globally, I guess there's nothing to stop it now after Odyssey were sold by Tabcorb.

Post new comment

Have something to say? Agree or disagree? Tell us what you think!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.