New Structure for Gaming in Victoria Beyond 2012
Source: Victoria. Office of the Premier. Media Release
"The Premier, John Brumby, announced approved hotels and clubs would bid directly for gaming machine entitlements under the new structure for Victoria’s gambling industry beyond 2012. Mr Brumby said the Victorian Government had decided to move to a new structure for the industry, which removes the need for separate gaming machine operators – Tattersall’s and Tabcorp – with venues set to own, operate and maintain electronic gaming machines.“This announcement fundamentally reshapes the gaming industry in Victoria,” Mr Brumby said.“Under the post-2012 structure, venues will bid directly for 10-year gaming machine entitlements.“The Government will enforce a cap on ownership, ensuring that no one venue operator can own more than 35 per cent of machines available to hotels."