Sportsbook Looks for Victorian Approval
By Dan
Betfair look close to gaining approval for a racing operating license in the Australian state of Victoria, after satisfying requirements under the state’s Gambling Regulations Act.

Betfair's director of corporate and business affairs Andrew Twaits said “We're very happy with the progress we've been making,” after a series of meetings with Racing Victoria's integrity department and senior management.

'We've made a lot of progress, addressing the integrity concerns that they've got,” he said. “At the moment we're looking at how the relationship might work in practice on a day-to-day basis with members of their integrity department.

'We're having another set of meetings with them this week. Sometime the following week, I would have thought we'd have dealt with everything we need to. We're so far down the track I would think the meetings should happen in rapid succession.'

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