Clarion Gaming is reporting that rumours that Australia’s two largest gaming companies might be merging have been quashed after one of the parties, Tabcorp Holdings, announced there would be no merger.

The rumours of a possible merger between Tabcorp Holdings and Tatts Group have been around since mid July.

Tabcorp CEO Elmer F. Kupper told ABC's news program Inside Business: “I don't think that's a very good idea for us right now. If you look at the benefits of doing that, it would really be in a relatively small part of our company -- the synergies between our two companies are not particularly large right now.”

Written for Online Casino World by Mike Rutherford - Your Online Casino News