The government of Tasmania sees no problem opening two more casinos in the island state.

That would potentially bring the total number of casinos in Tasmania to four, and deal a blow to the Federal Group, which has been enjoying a gambling monopoly in the Australian state for a number of years.

For 30 years, the Federal Group has held exclusive rights to operate casinos, pokies and Keno throughout the state. But the current deal is set to expire in 2023, prompting the company to seek for an early extension with a promise of investing a total of $100 million in building upgrades.