Noticed through the week the ex CEO from Sportsbet saying that all the state governments are going to introduce a 15%
consumption tax for on line bookies. This means that instead of the bookie being taxed in NT he pays a 15% tax where
the bet is placed. This is on top of the 10% GST and the 20-25% overheads they pay.
On top of this, to put a cap on problem gambling they are rubbing out sign up bonuses for all on line bookies.
He stated that William Hill has already folded up their tent and Packer has pulled out of Crown.
Interesting to see what becomes of online bookies.
Maybe we'll all be betting at the TAB before long.
Just another way the Kings control the peasants.