Tasmanian government deal will keep betting
exchange in the territory for the next ten years,
generating revenues and jobs
Betfair has reportedly sealed its presence in the
Tasmanian territory of Australia for the next ten years
in a tax break deal with the provincial government that
will cost taxpayers $2 million over the next two years,
but keep the betting group's 130 job Support Centre in
Hobart for the next decade.
Betfair operations in
Australia are in partnership with the Packer group of
Crown PBL companies owned by James Packer.
Tasmanian Premier David Bartlett says the agreement will
cost taxpayers about A$2 million over the next two years
and will not be formally approved until parliament
returns after the March 20 state election.