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Australia

CrownBet accepts Tabcorp-Tatts merger

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8 years ago

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CrownBet accepts Tabcorp-Tatts merger
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The company reached a settlement agreement to accept the merger between the Australian giants.

 

Online bookmaker CrownBet has decided to move on from the discussion regarding a merger between Tabcorp and Tatts. The company reached a settlement agreement with Tabcorp in order to make it official.

Tabcorp revealed yesterday that it has entered into a settlement agreement that establishes that CrownBet withdraws it’s opposition to the upcoming merger and in exchange Tabcorp will supply a digital stream of horse racing channels SKY 1 and SKY 2 to CrownBet for wagering customers’ use on mobile and desktop.

CrownBet said in a statement that the competition no longer opposes the merger of Tabcorp and Tatts and will not interfere in any way with the implementation of the merger.

Tabcorp also agreed to stop any proceedings in the NSW Supreme Court wanting the approval of its digital wagering advertising deal with licensed clubs in New South Wales.

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George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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