The purpose of this Act is to amend the Gambling Regulation Act 2003 —
(a) to create a wagering and betting licence authorising the conduct of wagering on horse racing, harness racing and greyhound racing and the conduct of approved betting competitions;
(b) to create a keno licence authorising the conduct of keno games;
(c) to provide for the appointment of additional Deputy Chairpersons and commissioners to the Victorian Commission for Gambling Regulation.