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Tabcorp set to complete demerger of lottery and keno arm

20th May 2022 10:25 am GMT
Tabcorp

The Supreme Court of New South Wales has approved Tabcorp’s proposed demerger of its lottery and keno division, paving the way for it to commence trading as a separately listed company in Sydney next week.

The demerger of The Lottery Corporation was overwhelmingly approved by Tabcorp shareholders at a General Meeting and Scheme Meeting held on 12 May, with the Supreme Court approving the deal Thursday.

Tabcorp intends to lodge a copy of the approval by the [...]

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