But the organization and its mostly international-owned corporate bookmaker peers could see their income in Australia nearly wiped out by betting place-of-intake taxes announced in each individual condition and territory.
Macquarie predicted Sportsbet's EBIT would slump from $141 million to $seventy nine million, but admitted its modelling was rather "an not likely result on condition that the cost could be partially passed on to customers as a result of minimized advertising and marketing [and] promotions and/or lifting yields".
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But the corporate bookmakers' representative team, Dependable Wagering Australia, claimed the introduction of the new taxes in Queensland and NSW would make it complicated for its members to service clients in People states.
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