Monday 8. August, 2016

Tatts Group and Intralot in Merger Negotiations

Australia’s gambling operator, Tatts Group, has revealed they are in the centre of advanced negotiations with Greek gambling giant Intralot to acquire its Australian and New Zealand business.

“These discussions have advanced to a confirmatory due-diligence stage and Intralot has agreed to conduct this process on an exclusive basis with Tatts,” Tatts confirmed in a statement made to the Australian Securities Exchange. “In the event of any material developments, Tatts will make a further announcement as required by its continuous disclosure obligations.”

Tatts has been in discussions with Intralot Australia for some time and the negotiations have now progressed. It has not disclosed the amount they would be willing to pay to acquire the business and has stressed that no official proposal has yet been made.

Until late 2014, Intralot Australia sold lotto and keno tickets in Victoria and they were a rival of Tatts at the time. However, Intralot then sold its Category 2 lottery license assets to the Tatts Group. From that time, the company focused primarily on its monitoring of gaming machine operations and it monitors gaming devices in hotels and pubs throughout the state.

The company also supplies information on the performance of gaming machines to regulators and the tax authority. Intralot Australia reported revenue of AU$26 million for the previous financial year.

This potential acquisition comes shortly after the sale of Tatt’s UK pokies business, Talarius. Just last week, the company’s rival Tabcorp announced its acquisition of gaming technology company, Intecq for AU$128 million. Analysts have suggested that this news may trigger renewed merger discussions between Tatts and Tabcorp, who considered a merger late last year; however at the time, talks broke down and a merger was taken off the table.


All new Australian players get 130 free spins and bonuses up to €1000 on the first three deposits.


Get 30 free spins and 4 welcome bonuses to a total value of $1400 as a new Australian customer!


New Australian players get 35 free spins on Spiñata Grande and a 100% welcome bonus up to $200!

400% BONUS

As a new Australian customer, deposit €100 and you will get €500 to play for!


Get a €10 exclusive bonus on your first depost and get 10% top-up on your winnings or 10% cashback on your losses the first week.


Get 50% of the deposit you make in free spins! Deposit $400 in order to get 200 free spins! Also, 100% bonus on your first deposit!

$500 BONUS

Join All Australian Casino and get a 100% bonus up to $500 as a new Australian customer!


As a new Australian player, you get 50 free spins and a 200% welcome bonus!


Get up to $1000 in bonus on your first four deposits. Also, 180 free spins to all new Australian players!


Get 100 free spins on Starburst and a first deposit bonus worth up to $400 as a new Australian player!

PokiesPedia was last updated:
April 16, 2017

Receive 100 Free Spins Now!

Receive 100 Free Spins Now!

Join our mailing list to receive 100 free spins instantly and the best bonus offers for Australians!

You have Successfully Subscribed!