REPORTS VICTORIA
Although exclusivity is historically Australia’s chosen operating system within its sports and lottery sectors, Victoria has already
split its new 20-year keno licence between Tabcorp lottery’s arm (Te Lotteries Corporation) and Gibraltar’s Lottoland, after the licence ended in April 2022. Lottery Licensing
for pokies plus a buy-back scheme to reduce the number of EGMs with a transition fund to help smaller venues transition away from pokies to other revenue streams. Te Victoria state elections were scheduled to be held on November 26th.
BETTING
In the betting arena, Tabcorp is bidding for exclusive rights to run Victoria’s tote, retail network and on-course betting activities.
Victoria’s single 12 year wagering and betting licence was awarded to Tabcorp Wagering back in 2012 and is due to end in August 2024.
Te auction for the new licence began in the summer of 2022. Although Tabcorp starts as a front runner for the new licence there are talks that the state might split the licence between two or three bookies. Final bids are due by April 2023 with the winner due to be announced by August.
Victoria has the highest number of bookmakers compared to the other states with a 36 per cent market share and 145 bookmaker outlets (2019). Wagering turnover has grown significantly over the years reaching $2.5bn in 2019.
In Victoria (data ending 2021) Tabcorp operates 609 wagering venues in pubs and clubs, 72 wagering agencies, 81 on-course racing wagering, 788 media venues and 18,000 gaming services.
Although exclusivity is historically Australia’s chosen operating system within its sports and lottery sectors, Victoria has already split its new 20-year keno licence between Tabcorp lottery’s arm (Te Lotteries Corporation) and Gibraltar’s Lottoland, after the licence ended in April 2022.
Te lottery is operated by Tabcorp Holdings Limited (Te Lott- Tattersall’s Sweeps) and there are 792 lottery outlets. Te exclusive lottery licence runs until 2028.
VICTORIA 2018/19 DATA CATEGORY
GAMING EGM
Casino
Instant Lottery Keno
Lotteries Lotto
SPORTS BETTING
Bookmaker fixed odds Bookmaker pool betting TAB Fixed odds TAB Tote odds
RACING
Off course bookmaker On course bookmaker On course totalisator TAB
TOTAL P76 WIRE / PULSE / INSIGHT / REPORTS
TURNOVER
$45.2bn $29.9bn $13.6bn $59.2m $91.1m -
$1.55bn $1.39bn
- -
$1.39bn $2.3m
$1.23bn - -
$71.2m $1.23bn
$47.8bn
TOTAL GAMBLING EXPENDITURE
$5bn
$2.69bn $1.67bn $20.5m $21.9m -
$619.6m $198.6m
- -
$198m $0.5m
$226.1m - -
$12.4m
$213.6m $5.56bn
PER CAPITA
EXPENDITURE $984.74
$527.29 $323.07 $4.02 $4.30 -
$121.06 $38.80
- -
$38.70 $0.10
$44.18 - -
$2.44 $41.74
$1,067.73
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