Tag: Australian lottery and gambling
Tatts to look again at Queensland racing deal
October 2, 2013
iGaming Business – Australian lottery and gambling company Tatts Group is re-examining a deal to pay to race information against the backdrop of an inquiry by the Queensland State Government. The financial agreement between Racing Queensland Limited and Tatts has been the focus of the Queensland Racing Inquiry, which resumed on Monday morning. According to the Courier Mail newspaper, RQL has already presented an invoice to Tatts management for more than AUS$100 million (€69 million/$93.3 million), but the matter is likely to end up in court. Counsel Assisting, James Bell, QC, said that the existing deal allows Tatts to offset…