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Tabcorp acquires ACTTAB state betting agency for $105.5m

30th July 2014 9:19 am GMT

Australian gaming giant Tabcorp Holdings has agreed a deal with the Australian Capital Territory government to acquire the state betting agency ACTTAB for AUD$105.5m.

ACTTAB is a Territory-owned provider of totalisator and fixed odds wagering, Keno and Trackside products, which offers its services and products through a distribution network comprised of 53 retail outlets located throughout the state, as well as via telephone and an internet platform Acttab.com.au.Following a competitive tender process, Tabcorp was chose [...]

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