Australia’s Tatts Group Limited has commenced legal proceedings against the Victorian government for some AUD$500m in compensation following the expiry of its gaming operator's licence yesterday.
The proceedings follow the loss last year of a duopoly held by Tatts and Tabcorp over the operation of 27,500 poker machines across the state of Victoria. Clubs and hotels will now operate the poker machines.
Tatts claims that under an agreement entered into on November 17th [...]