Tatts Wins In Court Action Against Victorian Government

Australian gambling group wins A$540 million in appeal court action

Australian gambling group Tatts has been awarded around A$540 million in compensation from the Victorian government following an appeal action this week in the Supreme Court of Victoria.

Victoria's court of appeal has upheld the judgment made in the state's supreme court, awarding compensation to Tatts and dismissing a similar claim by Tabcorp for A$686 (see previous InfoPowa report).

Tabcorp and Tatts sought compensation after losing their duopoly over poker machines following a government decision in 2008.

The appeal judges said they supported Tatts' claim largely as a result of an agreement the company made with the government in 1995 providing for a termination payment.

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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