Sydney Morning Herald
AsiaPac · 1 hrs ago
✦ 78◉ Centre
Lotto extension was in the works months before laws allowed it
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Credibility 78/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
The Victorian government awarded The Lotteries Company a 40-year lottery licence extension worth over $1.1 billion without public tender, with planning for the deal having begun before legislative changes made it legally possible.
Lotto extension was in the works months before laws allowed it
The Victorian government has awarded TLC a 40-year extension without a public tender process in return for an upfront premium payment of more than $1.1 billion, a deal that was in the works well before the law changed to allow it.
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