Tabcorp confirms NSW licence

State govt finalises 20-year betting monopoly for TAB outlets.

The New South Wales government has finalised an extension of Tabcorp Holdings's (TAH) retail betting monopoly for 20 years.

The deal was struck in June with Tabcorp paying $75 million to continue as the sole operator of totalizator and fixed-odds betting in NSW through its TAB outlets until June 2033.

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