Announcement of Wagering Licence Applicants Welcomed
- Thursday, 29 July 2010 02:27
Racing Victoria Chief Executive, Rob Hines, has welcomed the Victorian Government’s announcement that invitations to apply for the Victorian wagering licence have been issued to a shortlist of three wagering service providers.
The short-listed applicants announced by the Victorian Government today are:
- Tabcorp Holdings
- Tatts Group
- Ladbrokes PLC
The 12-year wagering and betting licence will provide:
- The right to offer both pari-mutuel and fixed odds betting on racing, sports and other events, including the only authority to conduct wagering and betting via an off-course retail network;
- The right to establish and operate the only betting exchange based in Victoria; and
- The right to offer approved simulated racing games
“We are delighted that the Government has attracted such a strong and competitive field to bid for the licence and we look forward to working with the successful applicant,” Hines said.
“The post-2012 wagering joint venture will be vitally important to securing a growing and viable racing industry so we are keen to see the licence awarding process completed as soon as possible and give the industry certainty about its future partner.”
