accc-uneasy-over-a21-billion-gaming-merger

ACCC uneasy over A$2.1 billion gaming merger

The competition regulator asks Tabcorp for undertakings relating to bet pooling before its bid for Unitab can proceed.
TabcorpÆs long-running bid for rival Unitab hit a snag on Wednesday when the Australian Competition and Consumer Commission ACCC said it was concerned that Tabcorp would become the sole provider of pooling services in Australia.

Victoria-based Tabcorp and Queensland-based Unitab are the only two gaming companies that offer pooling services to totalisators in other smaller states so that bets can be combined and odds balanced out.

ôIt would not be viable for these smaller totalisators to operate without access to pooling services as their individual pools arenÆt of sufficient size to limit the potential variance in totalisator odds occurring when larger bets are made,ö the ACCC says.

The watchdog says it will make a final...
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