Gambling
Shake-Up in Australia
As reported by the Sydney Morning
Herald: "The Bracks Government's bid to
maximise returns from gambling in Victoria is
gathering pace with the release of four issue
papers for the review into the gaming machine,
wagering and Club Keno licences.
"Victoria's
Gaming and Racing Minister, John Pandazopoulos,
called for submissions from industry stakeholders
and members of the public yesterday, making
it clear that the present licence holders, Tabcorp
and Tattersall's, would not breeze through the
process.
"…Though
both incumbents have an enormous edge in the
race to secure the licences beyond their 2012
expiry, industry analysts said the Government
had designed the process to attract bids from
new players.
"…Racing
Victoria and Queensland's UNiTAB have both hinted
they might bid for Tabcorp's wagering licence,
while Mr Pandazopoulos's office has suggested
the gaming machine licence - held by Tabcorp
and Tatts - could be rearranged to give control
to individual venue owners…"
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