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Racing Vic "Holding Discussions" To Finalise Terms

Wednesday, 20th July 2011

Racing Victoria chief executive Rob Hines commented: “RV welcomes the Victorian Coalition Government’s decision to award the new Wagering & Betting Licence to Tabcorp Wagering & the Government’s continuing commitment to delivering a ‘no less favourable’ outcome for the Victorian racing industry. We look forward to holding discussions with Tabcorp over the coming weeks to finalise the terms of the new joint venture arrangements. As the negotiations will be subject to a commercial-in-confidence process, we are unable to make any further comment at this stage.”

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