TAH resells IGT in Vic, and couldnt get int NSW because of eBET,...

TAH resells IGT in Vic, and couldnt get int NSW because of eBET, selling ebet is a new and a long process. TAH sells complete financing solutions, and access to QLD needed a monitoring business, you cant sell into qld unless its via a monitoring organisation. So for TAH it was an easy option buy ITQ. That makes them the only competitor to TTs as TTS owns Max Gaming a systems and monitoring business that has 80% share, (they also operate in vic).

I dont think the merger is an issue for the lotteries or bookies etc, or even the monitoring as TTS has most of that now, however the gaps in that are owned by ITQ, so its then 100%. For gaming systems add up what ITQ has (as per its updates) in NSW plus TAH 60%+ for QLD its 100% Vic 65% and Tasi 100% as ITQ has monitoring there too.

One possibility is if the other players Aristocrat and IGT complain then the ACCC could say stop this acquisition if you want the bigger merger to go through. If that happens then ITQ is by itself and it'll be a tough road with not many other buyers Id suggest.

This is a specialist area, but the big merger puts it all together, dont be surprised in the other players play up, both are very litigious