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Tasmania to introduce of one Australia’s highest POC taxes
Tasmania is set to become the sixth state in Australia to introduce a point-of-consumption tax, aimed at properly taxing wagering operators on their operations,...
Gamblers bear brunt of POCT: JP Morgan
Higher costs associated with Australia’s Point of Consumption Tax (POCT) has ultimately been passed over to gamblers, according to a note from JP Morgan...
Tabcorp continue to face pressure from online bookies, despite taxes
Australian wagering giant Tabcorp will continue to face “resilient” pressure from online bookmaking rivals this year, despite the rollout of new betting taxes designed...
NSW to announce 10 percent POC tax, effective 2019
The NSW government is set to introduce a 10 percent point-of-consumption tax on all online gambling bets, becoming the fourth state in the country...
POC tax a threat to integrity: Betfair CEO
Australian betting exchange Betfair warns that “point-of-consumption” taxes could harm the integrity of racing and sports if it pushes punters to offshore illegal Asian...
Bookies oppose point-of-consumption tax in Victoria
Australia’s online bookmakers are stepping up their efforts to sway government leaders in Victoria from adopting a point of consumption tax, local media reports.
While...
Australia eyes uniform approach to online gambling tax
Australia is considering a nationally consistent approach to online gambling taxes, in a move that will see wagering businesses face higher tax bills, local...
Other Australian states soon to implement punters tax: Tabcorp CEO
Tabcorp chief David Attenborough has warned global rivals that other Australian states may soon be making similar arrangements to South Australia’s point-of-consumption tax, local...
Sportsbet dumps SA data facility plan
Australian bookmaker SportsBet has scrapped its plan for a $20 million high tech data facility in South Australia after the state government’s decision to...