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Tabcorp maintains retail betting exclusivity in Australia’s NSW

20th June 2013 2:05 pm GMT

Australia’s Tabcorp Holdings has reached an in-principle agreement with the New South Wales government to extend the exclusivity period of its retail wagering licence within the state.

The exclusivity extension entitles Tabcorp’s subsidiary, Tab Limited (TAB), to continue operating as the sole provider of totalizator and fixed odds betting in a retail environment for a further twenty years until June 2033.

While TAB’s NSW retail wagering licence does not expire until 2097, its exclusivity would otherwise [...]

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