Tag Archives: ACTTAB

Australian betting operator Tabcorp has completed its AUS $105 million (£58 millon) acquisition of racetrack betting operator ACTTAB from the Canberra Government (ACT Government). Tabcorp senior management disclosed that it had been granted permission by the Australian Competition & Consumer Commission (ACCC) to proceed with the acquisition of ACTTAB. The purchase of ACTTAB will see Tabcorp gain a 50 year …

The sale of Australian government owned bookmaker ACTTAB, has been labelled a ‘sham process’ by corporate gambling operators who expressed interest in acquiring the retail bookmaker. ACTTAB’s sale has hit the headlines in Australia, as its appears that private bidders have been shut out of the sale to purchase the state owned operators assets. The government is looking to sell …