The Collingwood Football Club is deep in negotiations with the Melbourne Racing Club over a ground-breaking deal that would see the Magpies sell their lucrative poker machine venues.

And another leading AFL club, Geelong, also has held discussions with the MRC about a potential sale of its gaming venue at Point Cook, in a further sign that the AFL's growing distaste for poker machines is gaining club support.

Collingwood's discussions with the racing club - which runs the Caulfield, Sandown and Mornington racecourses and operates 11 gaming venues - are more advanced than the talks involving the Cats, who are on record with their wish to exit gaming venues.

Collingwood and the MRC have been discussing the potential sale of the Magpies' two gaming venues: The Club, which is based at Caroline Springs, and The Coach and Horses in Ringwood. They operate 156 machines at the two venues, which took just over $7 million from gamblers in the six months to December 31 last year.

While Collingwood has commercial reasons for looking to sell the two gaming venues, there is no question that the prospect of the competition's highest-profile club selling out of poker machines will delight the AFL hierarchy.