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Tabcorp has been awarded Victoria’s Wagering and Betting Licence for the next 20 years. The new licence comes into effect after the current licence expires on 16 August 2024. Tabcorp was awarded the current licence in 2012.
Applicants for the licence were subject to rigorous assessment, which authorises the licensee to exclusively conduct wagering and betting activities in Victoria, including the only authorisation to take bets in-person, outside of Victoria’s racetracks.
Read the annoucement from the Minister for Casino, Gaming and Liquor Regulation
Relevant documents:
A single 12-year wagering and betting licence was awarded to Tabcorp Wagering as part of the Gambling Arrangements 2012. This arrangement came into effect in August 2012.
The licensee offers on-course and off-course wagering and betting on racing, sports and other approved events. The licensee also offers approved simulated racing games ("trackside").
The following resources are available for download in relation to the Wagering and betting licence 2012:
On 28 August 2019 the Minister made a decision to amend the Wagering and Betting Licence issued to Tabcorp Wagering (Vic) Pty Ltd. The Minister has amended clause 4 of the licence which removes the obligation on Tabcorp to operate as a betting exchange during their term as the wagering and betting licensee.
For a copy of the amendment see: Amendment to Wagering and Betting Licence 2019.
