At the request of the Racing and Wagering Western Australia (RWWA) Board, the McGowan Government has today announced that it will recommence the WA TAB sale process.
Previous negotiations, while well progressed, were suspended because of uncertainty caused by COVID-19.
Market conditions have evolved since a sale was first considered. The process announced today is an opportunity to test the market with the aim of establishing whether a sale would be in the best interests of the racing industry.
RWWA’s purpose is to provide a sustainable future for the WA racing industry. All bids will be measured against this outcome.
The sale will not proceed unless it is in the long-term interests of the racing industry and the State.
RWWA will continue to engage and consult the racing industry as the process develops. It is expected that an outcome will be known by late 2022.
The State Government’s announcement regarding the recommencement of the sale can be found here.