By Clyde Mooney
In a renewed environment with fewer sector growth opportunities for key players, the Tasmanian government has decided to revisit the notion of selling of their tote license.
After an attempt in 2009 that failed to generate sufficient interest for the cash-strapped government, Tote Tasmania believe this time that the license sale is a valid offering to relevant gaming organisations.
"I have never ruled out the sale of non-core assets, provided the market is right and they can provide a good return to the taxpayer," Tasmanian Premier, Lara Giddings told The Mercury.
With the ink barely dry and final details still in discussion for the Victorian license, buyer Tabcorp is eager to continue the expansion of its gaming interests from Queensland, New South Wales and Victoria.
The recently jilted half of Victoria’s previous wagering duopoly, Tatts Group, has already signalled interest in the Tasmanian offer and says it will be in the running for the new license.