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Betfair Boss Says Vic Bans Will Be Lifted

Tuesday, 6th March 2007

Betfair chief Anthony Klok "is ready to place 2 bets: sports advertising & Victorian wagering restrictions will be lifted," reported The Australian newspaper. Klok declared: "It's not a question of if, it's a question of when those restrictions are opened up." Tabcorp currently holds the sole wagering licence in Victoria (which expires in 2012) "but the structure is now under review" commented the newspaper & "a decision on that outcome is expected this year". Klok added: "People are beginning to realise that competition can stimulate, rather than act as a detriment. Yes, we think it will be opened up."

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