|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.'