Victoria first moratorium mortality

Victoria may be the first casualty to follow the Federal Government's proposed moratorium on online gambling.

According to reports in the Australian Financial Review, the State's Gaming Minister, John Pandazopoulos, has written a letter to Federal Minister for Communications, Richard Alston, saying the Victorian Government was "prepared to accept a deferral of a proclamation of the Victorian legislation" for a period of three months. During this time, it is expected that Senator Alston will review the state's stance on online gambling.

If banned, Victoria could represent the biggest state loss to the country's online gaming industry because Australia's three biggest gambling companies -Tabcorp, Tattersall's and Publishing and Broadcasting's Crown Casino- reside there.

While the ACT and Tasmanian governments have moved towards issuing licenses in defiance of the proposed moratorium, it is expected that the NSW government will support of a nationwide gaming ban.

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More about Australian Financial ReviewAustralian Financial ReviewCrownCrown CasinoNSW GovernmentPublishing and Broadcasting

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