NSW Government Contemplates Raising Betting Tax to 20% Prompted by Tabcorp Proposal, Impacting Major Bookmakers

The New South Wales (NSW) government is deliberating on the possibility of raising the tax on all bets made within the state from 15 to 20 percent, prompted by a proposal from industry leader Tabcorp. If implemented, this move could have significant ramifications for corporate bookmakers, including major players like Sportsbet and Ladbrokes. Treasurer’s statement: […]