Tabcorp says its has settled online wagering firm CrownBet's opposition to the gaming giant's $11 billion merger deal with rival Tatts Group.
Tabcorp says CrownBet - majority-owned by James Packer's Crown Resorts - has agreed not to apply for a judicial review of the Australian Competition Tribunal's decision last week to approve the merger and will not take any action to impede the deal's implementation.
The gaming company has agreed to a commercial arrangement with CrownBet under which it will supply a digital stream of SKY 1 and SKY 2 to CrownBet's Australian wagering customers on their mobile and PC devices.
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