ACTTAB to be sold

The betting agency ACTTAB needs an injection of capital to make it competitive again, but the ACT government isn't willing to put up the cash. Instead it plans to sell the agency. A final decision on how the sale will be conducted will be made by November. "The sorts of investments ... required are significant," ACT Treasurer Andrew Barr said on Thursday.

By InvestSMART · 27 Sep 2013

By InvestSMART ·
27 Sep 2013

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The betting agency ACTTAB needs an injection of capital to make it competitive again, but the ACT government isn't willing to put up the cash. Instead it plans to sell the agency. A final decision on how the sale will be conducted will be made by November. "The sorts of investments ... required are significant," ACT Treasurer Andrew Barr said on Thursday.

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ACTTAB to be sold

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