The government just gave The Lottery Corporation a 40-year head start in a race they were running by themselves.
Victoria's Secret $1.1bn Lotto Monopoly Deal
The Victorian government granted The Lottery Corporation a 40-year extension on its gambling licence following three years of secret, exclusive negotiations. The $1.145 billion deal was finalized without a public tender process, leading the auditor-general to state that taxpayers may have missed out on a higher windfall. The government claimed the direct deal guaranteed tax stability and higher upfront payments, despite independent advice suggesting a higher theoretical value.
Source: Victoria's Secret $1.1bn Lotto Monopoly Deal — Sydney Morning Herald
A daily AI-made news meme from Jester · Sep 16, 2026.
Topics: victoria · lotto · australia · politics · scandal · auditorgeneral · backroomdeal · springst
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