Add-on Acquisition • Gaming

Tatts Group Acquires TOTE Tasmania Pty

On December 2, 2011, Tatts Group acquired gaming company TOTE Tasmania Pty

Acquisition Context
  • This is Tatts Group’s 3rd transaction in the Gaming sector.
  • This is Tatts Group’s 5th transaction in Australia.

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M&A Deal Summary

Date December 2, 2011
Target TOTE Tasmania Pty
Sector Gaming
Buyer(s) Tatts Group
Deal Type Add-on Acquisition

Target Company

TOTE Tasmania Pty

Woolloongabba, Australia
TOTE Tasmania Pty Ltd. is a provider of wagering services in australia.
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Buyer Overview 1

Buyer

Tatts Group

Woolloongabba, Australia

Category Company
Founded 1881
Sector Gaming
Revenue 3.8B AUD (2018)
DESCRIPTION

Tatts Group Ltd. is a provider of wagering, lotteries and gaming industries with an operational across every State and Territory of Australia, throughout New Zealand and into the United Kingdom.


Deal Context for Buyer #
Overall 6 of 7
Sector: Gaming 3 of 3
Type: Add-on Acquisition 6 of 7
Country: Australia 5 of 6
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-02 New South Wales Lotteries Pty

Homebush Bay, Australia

New South Wales Lotteries Corporation Pty Ltd. is a provider of entertaining games of chance, Licensed to conduct the games of Lotto and Lotto Strike, OZ Lotto, Powerball, Instant Scratch-Its, Lucky Lotteries, and The Pools online and through a network of 1600 small businesses throughout NSW and the ACT.

Buy $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-26 SA Lotteries Pty

Wayville, Australia

SA Lotteries is a provider of online lottery games – X Lotto, Oz Lotto, Powerball, Keno, Instant Scratchies, Super 66 and The Pools.

Buy AU$427M

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