Tabcorp has agreed a deal to offload its Queensland gaming machine monitoring business to smooth its $11 billion merger with Tatts.
The gaming giant will divest Odyssey Gaming Services to Australian National Hotels - a subsidiary of the privately-owned Federal Group - to address the Australian Competition and Consumer Commission's concerns that the Tatts merger would lead to a lack of competition in Queensland pokies.
At 1120 AEST, Tabcorp shares were down 7.0 cents, or 1.46 per cent, at $4.71.
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