The complaint is being investigated by the Australian Securities and Investments Commission as well as the Australian Competition and Consumer Commission. If Tabcorp is found to be in violation of the Trade Practices Act provisions that govern anti-competitive behavior and exclusive dealing, the company could face fines of triple the value of the breach or up to $10 million dollars.
Clubs Victoria has filed a statement of claim alleging that Tabcorp offered a $20 million dollar inducement for them to not pursue changing Victoria’s gaming license structure as well as not participating in any bidding process for gaming licenses. The accusation came to light in a dispute between Clubs Victoria and its former president Leon Wiegard. The deal is supposedly detailed in copies of emails sent between Tabcorp executives and Wiegard back in March.