Tatts Group buys New South Wales lottery for A$850mNews Story
The state government of New South Wales has sold its lotteries business to Tatts Group for A$850m (US$764m) after an auction process that attracted both Australian and international bidders. The total proceeds of the sale will exceed A$1bn after A$160m of cash and other assets from NSW Lotteries are transferred to the government. Melbourne-based Tatts, which operates lottery businesses in three Australian states and two territories, faced competition from a consortium led by Ontario Teachers' ...
Mar 3, 2010, 9:15 am - Todd - Lottery News forum

Tattersall's loses lottery monopolyNews Story
In Australia, Tattersall's 54-year monopoly on Victoria's lotteries has been broken as the State Government seeks to make more money from the lucrative market. Under the new arrangement, Tattersall's will keep such lottery products as Oz Lotto, Powerball and the Saturday Lotto but lose the instant lotteries or scratchies part of the market to Greek company Intralot. The lottery license process has been plagued by controversy with accusations of improper action by lobbyists, including for ...
Oct 12, 2007, 5:06 pm - Todd - Lottery News forum