The government expects to table legislation next year to end the Federal Group's monopoly on poker machine licences.
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Treasurer Peter Gutwein said the government had recently written to the Federal Group "to advise them of our intention to end the current exclusivity arrangements through the legislation that will be tabled early next year to give effect to our policy and put in place a new framework from 30 June 2023".
"By ending the current arrangements through legislation, rather than by notice under the Deed, we will ensure that the industry has the certainty to continue to invest and employ until the new gaming framework is in place for the industry post 2023," Mr Gutwein said.
"The Future Gaming project team was established last year and has been undertaking a comprehensive financial analysis of the current industry and the impact of various tax and licence settings on industry participants - this work is complex and ongoing.
"The Government will shortly be engaging with relevant stakeholders as we deliver our commitment."
Under the government's policy, from 2023 hotels and clubs would be allowed to hold individual licences for poker machines.
Greens leader Cassy O'Connor said the government's policy was "a catastrophic deal for Tasmania".
"There is no question it will entrench social harm in disadvantaged communities until 2043," Ms O'Connor said. "It will cost lives."
Ms O'Connor said Labor had 12 months to decide whether to decide to stick with their election policy to ban poker machines in pubs and clubs.