Australia's Tabcorp fined over gambling regulation breaches in Victoria

Tabcorp Holdings

23/08/2024 04:53

Aug 23 (Reuters) - Australian wagering business Tabcorp
 TAH.AX  has been forced to pay a fine of A$4.3 million ($2.89
million) over repeated breaches of gambling harm prevention laws
between 2020 and 2023, the Victorian Gambling and Casino Control
Commission said on Friday. 
    Tabcorp will pay the fine after investigations by the
commission into several instances of non-compliance with
regulatory obligations by the firm. 

($1 = 1.4890 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by
Nivedita Bhattacharjee)
 ((Rishav.Chatterjee@thomsonreuters.com;))