The Government of Victoria today announced the outcome of its review of gaming licensing arrangements. The current duopoly control of the state’s poker machines will end and venues will compete in a competitive bidding process for the new licences.
The announcement has been hailed as a victory for competition over vested interests. The Australian Newspaper stated “From a competitive model perspective, Brumby [the state Premier] deserves full marks”.
Frontier (Australia) has been advising the Government on alternative mechanisms by which licences could be allocated.