NSW Lotteries sale
Source: NSW. Treasurer. Media release.
"NSW Treasurer Eric Roozendaal announced the sale of NSW Lotteries – which will deliver the people of NSW total proceeds of more than $1 billion. Mr Roozendaal said the NSW Government has accepted a binding offer to transfer NSW Lotteries Corporation to Tatts Group Limited in a transaction that will deliver NSW taxpayers total proceeds of approximately $1.01 billion.
As part of the transaction, Tatts Group will be granted an exclusive, 40-year licence to conduct public lotteries (excluding Keno) throughout the State."