Tabcorp shareholders approve merger with Tatts

Australian gambling group Tabcorp has reported that its merger plans for Tatts are on track following shareholder approval this week.

On Wednesday the group also advised in a stock exchange release that the Supreme Court of Victoria has approved the merger, and that Tatts has confirmed that the Court orders have been lodged with ASIC and the Scheme is now effective and set to be implemented on Friday 22 December 2017.

“The combination [of Tatts and Tabcorp] creates a world-class, diversified gambling entertainment group, with a large national footprint and a diverse suite of product offerings across wagering, media, lotteries, Keno and gaming services,” Tabcorp claims.

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