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Tabcorp finalises sale of gaming machine monitoring business

12th December 2017 8:33 am GMT

Sydney-listed betting and gaming operator Tabcorp Holdings has completed the divestment of its Queensland-based electronic gaming machine monitoring business Odyssey Gaming Services.

Odyssey has been sold to Australian National Hotels, a subsidiary of hospitality business Federal Group, for an undisclosed sum.

The sale was a key condition required for Tabcorp to finalise its merger with rival Tatts Group.

This followed a ruling in June by the Australian Competition Tribunal (ACT) that the operator had to sell Odyssey in order to secure approval [...]

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