Published: March 04, 2019
Supermarket giant inks $200m deal with private equity firm to give up control of about 3,000 poker machines
Supermarket giant Coles has divested from poker machines in a move gambling reform advocates say places more pressure on Woolworths to follow suit.
In a statement to the ASX on Tuesday, Coles said it had inked a $200m deal that will see the company give up control of 87 hotels through Queensland. The Spirits Hotels business runs about 3,000 poker machines.
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