New arrangements for the regulation of Victoria's gaming industry have come into effect, Minister for Gaming Michael O'Brien said today.
Mr O'Brien said the new arrangements replace the Tatts and Tabcorp gaming operations and place the responsibility of operating gaming machines on individual operators across more than 500 venues. From today, venue operators holding gaming machine entitlements and relevant regulatory approvals are authorised to operate gaming machines in hotels and clubs.
In addition, two other licences commence today:
- The single 15-year independent licence for monitoring gaming machines in hotels and clubs, held by Intralot Gaming Services; and
- The exclusive 12-year licence for wagering and betting, held by Tabcorp Wagering.
Mr O'Brien said in the period leading up to the new gaming industry arrangements, both the Department of Justice and the Victorian Commission for Gambling and Liquor Regulation (VCGLR) have been working closely with the industry.
"A comprehensive information and engagement program was implemented to help clubs and pubs prepare for the new arrangements," Mr O'Brien said.
"While the former Labor Government's bungled auction of gaming machine entitlements has already cost Victorians more than $3 billion, the Victorian Coalition Government is working with the VCGLR and industry to deliver a professional transition to the new arrangements.
"Gaming venue operators will also assume much greater responsibility for ensuring they meet their regulatory obligations.
"Importantly, the Coalition Government has ensured that the new arrangements will not result in any reduction in responsible gambling measures or the introduction of any additional gaming machines into Victoria," Mr O'Brien said.
Further information on the new industry arrangements is available via the Victorian Commission for Gambling and Liquor Regulation website at www.vcglr.vic.gov.au