17 November 2017
Government must articulate plan for TAB
The State Government must immediately outline its plan for the future of the TAB after the Australian Competition Tribunal today gave the go-ahead for Tabcorp Holdings to purchase Tatts Group.
Shadow Minister for Racing and Gaming, John McGrath said industry supported the privatisation of the TAB, and with the approval of the merger of Tabcorp and Tatts, the Government needed to provide certainty to the industry and outline the future of the Western Australian TAB.
“The merger of Tabcorp and Tatts clears the pathway to a national tote, which is supported by Tabcorp, and will protect the racing industry from the myriad corporates involved in gaming, but with little interest in our racing industry,” Mr McGrath said.
“The McGowan Government is spending $440,000 seeking preliminary advice on options for a potential privatisation of the TAB, and with today’s decision on the merger of Tabcorp and Tatts, they need to articulate their position sooner rather than later.
“The industry needs certainty and it needs sustainability and a stand-alone Western Australian TAB, competing against Tabcorp and the online bookies, will not deliver the certainty and sustainability the industry needs.
“I encourage the WA Government to get on with what the industry is seeking, and engage with Tabcorp about procuring the TAB.
“The Minister for Racing and Gaming and the WA Treasurer must immediately outline the Government’s vision for the TAB and the future of the racing industry.”
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