The Australian Competition and Consumer Commission will not intervene in Tattersall's acquisition of Golden Casket Lottery Corporation after accepting an undertaking to divest Golden Casket subsidiary, Bounty Limited.
Bounty and Tattersall's subsidiary, Maxgaming, are the only two suppliers of monitoring software to licensed electronic gaming machine monitors (LMOs) in Queensland.
"Concerns arose out of Tattersall's ownership of the only two providers of monitoring software to LMOs in Queensland," ACCC Chairman, Mr Graeme Samuel, said today.
"The undertakings will ensure that Bounty continues to operate independently from Tattersall's as a viable, ongoing business until it is divested."
The signed undertakings will be available on the ACCC's website, by following the link to public registers and then the link to undertakings register
(section 87B).
A Public Competition Assessment detailing the reasons for the ACCC's decision will also be available on the ACCC's website in due course.