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Analysis by Macquarie Prosperity Administration predicted The brand new taxes would wipe out just about every one of the earnings of the corporate bookmakers, who take bets through their Sites, apps and phone centres only, except for Paddy Power Betfair-owned Sportsbet.
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But the corporate bookmakers' agent group, Responsible Wagering Australia, said the introduction of The brand new taxes in Queensland and NSW would make it challenging for its associates to assistance consumers in those states.
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"The Queensland govt's decision to go after a substantially greater 15 per cent POCT could make it the highest helpful wagering tax fee on earth. This punitively higher tax fee poses speedy and significant challenges on the already parlous state of racing in Queensland."
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