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Tabcorp Looking For Leave to Appeal In Victoria Court Case
Wednesday December 17,2014 : TABCORP TO SEEK LEAVE TO APPEAL IN VICTORIA DISPUTE.
A$686 million at risk.
Australian land and online gambling giant Tabcorp Holdings has announced that it intends to request special leave to appeal to the High Court of Australia in respect of a judgment of the Court of Appeal of the Supreme Court of Victoria handed down on 4 December 2014
The judgment relates to Tabcorp’s claim for a payment of approximately A$686 million from the State of Victoria.
"If special leave is granted, Tabcorp will appeal the Court of Appeal’s decision to the High Court of Australia and seek an order for a payment of approximately $686 million plus statutory interest from the State of Victoria," a company statement advised Wednesday.
"Tabcorp’s claim is that the State of Victoria was obliged to make the payment to Tabcorp in August 2012, when Tabcorp’s gaming and wagering licences expired and new licences were granted. The claim is based on a statutory provision included in legislation from 1994 when the State privatised the Victorian TAB and listed Tabcorp on the Australian Securities Exchange. Tabcorp’s initial public offering was underpinned by this statutory entitlement."
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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