Australian Northern Territory Attracts Online Bookies

In response to Tasmania’s announcement that it was dropping taxation imposed on online gambling operators, and instead charging them a $256K flat rate licensing fee, Australia’s Northern Territory state has gone one up and announced that it was capping taxation at $250K.

Online groups located in the Northern Territory, including CentreBet and Sportingbet, will now have to decide whether it is worth their while moving for such a small savings.

In defense of her decision to reduce taxes by millions of dollars, the treasure of NT said: “We were facing losing the entire industry from the Territory. They would have gone to Tasmania where they had a taxation regime to attract them.”

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