🎰 Australia's Woolworths to offload drinks, pubs units amid slot machine pressure - Reuters

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More to Read. Woolworths: 'Pokies exit not about distancing from gambling industry' For its Australian supermarket chain, see Woolworths Supermarkets.


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Australia is an exceptional case where just two supermarkets, Woolworths and Coles, control 80% of the grocery market between them. Larger countries, by.


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More to Read. Woolworths: 'Pokies exit not about distancing from gambling industry' For its Australian supermarket chain, see Woolworths Supermarkets.


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Australian supermarket group has faced pressure after scandals over lottery transactions on its credit cards, in a blow to the gaming industry.


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Woolworths is one Australia's biggest poker machine operators. In a release to the ASX, the supermarket chain said it would package together Woolworths entered the gaming industry in with the ALH joint venture.


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More to Read. Woolworths: 'Pokies exit not about distancing from gambling industry' For its Australian supermarket chain, see Woolworths Supermarkets.


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More to Read. Woolworths: 'Pokies exit not about distancing from gambling industry' For its Australian supermarket chain, see Woolworths Supermarkets.


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Woolworths is one Australia's biggest poker machine operators. In a release to the ASX, the supermarket chain said it would package together Woolworths entered the gaming industry in with the ALH joint venture.


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Gambling, also often referred to as gaming or betting, has been defined as any are retail outlets such as convenience stores, gas stations, and supermarkets. operate throughout North America, as well as in Europe, Asia, and Australia. the Chinese gaming enclave of Macau) is now the world's largest casino market,​.


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Chief executive Brad Banducci told analysts the sale was not to distance Woolworths from gambling activities, despite the company facing pressure from activists to do so. Your comments can be brief, or we can accept up to words, or thereabouts. Help our journalists uncover the facts In times like these InDaily provides valuable, local independent journalism in South Australia. Bruce Mathieson Group, the junior partner in the ALH joint venture that includes hotels and pokies, will swap its 25 per cent stake for a Woolworths chief financial officer David Marr will switch to a chief operating officer role to oversee the project, with Stephen Harrison taking over as CFO on August 1. In times like these InDaily provides valuable, local independent journalism in South Australia. Loading next article.{/INSERTKEYS}{/PARAGRAPH} Please click below to donate to InDaily. {PARAGRAPH}{INSERTKEYS}Shares in Woolworths rose by as much as 3. As a news organisation it offers an alternative to The Advertiser, a different voice and a closer look at what is happening in our city and state for free. Woolworths, which has already offloaded its petrol business, said the separation will create a simplified structure and a greater focus on its core food and everyday needs markets. Woolworths did not say whether it plans to sell or list the new business, although it does expect to retain a minority shareholding whichever route it takes. Any contribution to help fund our work is appreciated.