A new tax on online bets made in NSW at the ‘point of consumption’ will ensure online bookmakers based interstate can no longer avoid paying tax. Unfortunately the NSW Government set the rate five per cent lower than South Australia, Western Australia and Queensland and is using part of the revenue to subsidise greyhound and horse racing, two years after it concluded greyhound racing is systematically and irreparably cruel.
Meanwhile racing subsidies are growing, rules to protect the Sydney Opera House’s world heritage values were overruled to advertise a horse race on the sails and we have the most poker machines and problem gamblers in the world. The Coalition’s MOU with Clubs NSW will further entrench destructive gambling and during debate, I called on both the government and opposition to break the industry’s hold on policy. My speech is HERE.
Contact Hopestreet’s gambling service for help: 9332 3506 or [email protected]re.org.au.