In April 2008, the government announced a new direction for Victoria’s gambling industry post-2012. Under the new arrangements:
- approved hotels and clubs will bid directly for 10-year gaming machine entitlements, which will authorise venues to possess and operate gaming machines
- keno will be offered as a single, specific 10-year licence
- a single stand-alone 12-year licence will be offered for wagering.
The government's decision followed an extensive review process, overseen by an Independent Review Panel, chaired by former Federal Court Judge Ron Merkel QC. An external probity auditor was also engaged to ensure a high standard of probity.
The Gambling Licences Review Steering Committee directed the review, and provided advice to the Minister for Gaming regarding the implementation and transition to the new licensing arrangements. The Independent Review Panel and a probity auditor will continue to oversee this process as it progresses in the new competitive bidding phase.
For information on the competitive bidding phase please go to the individual sections for gaming machines, monitoring, keno and wagering.