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Victoria raises AUD$1bn in gaming machine licence auction

17th May 2010 8:23 am GMT

The Government of the Australian State of Victoria is facing criticism following last week's auction of gaming machine entitlements which raised close to AUD$1.0bn for the state, ending Tabcorp and Tatts' control of the Victorian pokies market.

The gaming machine duopoly that has existed in Victoria since 1994 is due to end in 2012 in favour of a system which licences venues to host gaming machines, rather than the incumbent gaming machine operators, in a move [...]

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