Victoria Lottery Operator Awarded 40-Year Licence
The lottery organization that held the privatized license in Victoria has been awarded a 40-year license by the government. The deal includes an upfront payment of over $1 billion. Following the award, the organization's budget moved from a deficit to a surplus.
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Sources · 7 independent
2GB Sydney
“they've been awarded a 40-year licence to do lotteries in Victoria by the government in return for a $1 billion-plus upfront payment.”
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