Tabcorp, Tatts win levy case against Vic govt

Tabcorp Group Ltd and Tatts Group Ltd have won a court challenge against the Victorian government over a levy on gaming machines they no longer operate, which would have delivered a collective $49.1 million hit to the groups' after tax earnings in the current fiscal year.

Tabcorp Group Ltd and Tatts Group Ltd have won a court challenge against the Victorian government over a levy on gaming machines they no longer operate, which would have delivered a collective $49.1 million hit to the groups' after tax earnings in the current fiscal year.

It emerged last month that the levy on gaming machines had been charged for the current full financial year despite Tatts and Tabcorp ceasing ceasing their operation after 46 days.

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