Tabcorp Holdings Limited
(ASX:TAH) says it will be issued a new NSW Keno licence through to 2050.
The upgraded licence will allow for enhancements to the current game including an in-venue digital feature.
Licence fees start at $25 million for the licence with annual fees of $3 million increasing to $4.5 million by 2022 and then indexed at 2.5 per cent.
The Victorian licence is valid until 2022 with Queensland and the ACT expiring in 2064.
Tabcorp Holdings reported a first half net profit of $81.9 million for the six months to end December 2015.
