The independent Tasmanian Liquor and Gaming Commission has granted betr Entertainment Limited a Tasmanian Gaming Licence.
Part of this will see betr establish a headquarters in Tasmania.
Treasurer Eric Abetz said the 2030 Strong Plan for Tasmania’s Future is delivering greater business confidence and conditions.
“Tasmania has some of the strongest business confidence and conditions in the nation,” the Treasurer said.
“This move by betr to set up its operational office in Tasmania was made possible because Tasmania is open for business.
“As a service, betr is already available to Tasmanians, but we will now reap the rewards of having local jobs.”
A number of existing Tasmanian regulatory requirements do not appropriately reflect the technology, operating models and governance arrangements of modern online wagering businesses.
“Tasmania’s legislation must keep up with modern industries,” the Treasurer said.
“We will refine Tasmania’s legislation to provide appropriate guardrails and modern systems.
“This is about delivering more jobs and a stronger economy for more Tasmanians.”