Background
Keno is a rapid-draw game in which a set of numbers is drawn through a random number generator from a pool of numbers. Previously, a single 10-year licence to conduct and distribute keno games in eligible hotels, clubs and wagering outlets throughout Victoria was awarded to Tabcorp Investments No.5 Pty Ltd, which expired on 14 April 2022.
Current Keno licences
On 21 February 2022, in a first for Victoria, the Minister for Consumer Affairs, Gaming and Liquor Regulation granted Victoria’s Keno licences to both Tabcorp and Lottoland. The licensees can now provide Keno online, as well as via traditional retail including eligible hotels, clubs, wagering outlets.
The two-licence model provides the most value to the Victorian public as well as being the most viable and attractive proposition for business, allowing Victorians and distributor venues to benefit from competition and innovation.
Premium payments and keno taxes are paid into the Consolidated Fund and then to the Hospitals and Charities Fund and the Mental Health Fund.
Stronger harm minimisation and consumer protection measures have been introduced to help promote responsible gambling for those who choose to play Keno in Victoria.
These measures come after the Victorian Government conducted a robust review into the future of Keno in Victoria, consulting with industry, community, and government stakeholders.
Under the changes, the Minister issued harm minimisation directions that apply to both Victorian, and interstate, Keno Game Providers when providing Keno to people in Victoria.
The 20-year licence term commenced on 15 April 2022.