Tabcorp Holdings Limited (ASX:TAH) is understood to have received -approaches from European gaming systems company Intralot S.A. Integrated Lottery Systems and Services (ATSE:INLOT) about buying Maxgaming Holdings Pty Ltd. (Max Gaming), estimated to be worth as much as $610 million. Sources have suggested Macquarie Capital is working for Tabcorp, and Gresham could be involved in deal talks. They come after Tabcorp boss Gillon McLachlan launched a strategic review into the future of the entire Tabcorp business after starting with the wagering company last year, but it is understood no decision has been made as to whether it would proceed with a sale of its gaming monitoring business, Max Gaming.
At the Macquarie Australia Conference this month, the Tabcorp chief executive told analysts it did not need to sell the business to drive down debt and said he liked Max Gaming.
