But the corporation and its generally international-owned company bookmaker friends could see their earnings in Australia just about worn out by betting position-of-usage taxes introduced in every single state and territory.
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"The Queensland government's determination to go after a considerably better 15 for each cent POCT could make it the highest productive wagering tax price on the earth. This punitively high tax amount poses immediate and sizeable dangers to your currently parlous condition of racing in Queensland."
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In a very Notice to clients, Macquarie reported the new taxes could Price tag the corporate bookies as many as $195 million and mean the likes of CrownBet, Ladbrokes and Bet365 would battle to interrupt even.
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