Online bookies say Queensland betting tax increase could end up stripping $1.75bn from state’s revenue

RWA claims state's racing industry will suffer after corporate wagers deprioritise Queensland races to mitigate widened tax

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Australia's peak body for online bookmakers has sought to pressure the Queensland government over its bid to widen its betting tax, claiming it does not account" for measures companies may take that could strip $1.75bn from the state's racing revenue.

The chief executive of Responsible Wagering Australia, Justin Madden, on Monday slammed the decision to increase the point of consumption tax during a parliamentary inquiry.

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