Online gambling operators in Victoria lobby against gambling tax

Online gambling operators in Victoria lobby against gambling tax

December 05, 2017 3:00 AM
by

share

In the Australian state of Victoria, online gambling operators have launched lobbying efforts against the potential implementation of a 15 percent point of consumption tax, the Sydney Morning Herald reported this week. Victoria is in southeastern Australia and is the country’s most densely populated state and its second-most populous state overall. It includes the state capital and largest city, Melbourne.

If such a tax were adopted in the state, it would require online bookmakers to pay 15 percent on the revenue they have generated in Victoria. South Australia was the first state to introduce a remote gambling tax.

International bookmakers are able to operate in Australia through licenses from the Northern Territory. They have long been criticized for not paying taxes to the Australian jurisdictions they have been operating in.

Online companies contend they have been making contributions to Australia’s economy through numerous other taxes and fees.

Sports wagering is currently the only legal online gambling service in Australia. Under a recently enforced ban, operators are not allowed to target players with online casino games and online poker products.