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Tabcorp pays out $60m for Victorian keno licence

9th May 2011 7:20 am GMT

Australia’s Tabcorp Holding Limited said Monday that it has made a licence payment of AUD$60m to the Victorian Commission for Gambling Regulation following the award of a ten-year keno licence to the company earlier this year.

The Victorian Minister for Gaming tabled the Victorian Keno Licence and Agreement in Parliament late last week, with Tabcorp’s licence to operate from April 15th 2012.

The licence authorises Tabcorp to conduct and distribute keno games in approved hotels, clubs (with [...]

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