Australia’s NT doubles wagering tax cap to A$2M

Australia’s NT doubles wagering tax cap to A$2M

Australia’s Northern Territory has announced plans to double the wagering tax cap for betting operators, increasing it from 1 million to 2 million revenue units. With each unit set to rise to A$1.45 in July, the updated cap, effective from 1 July, will apply to licensed bookmakers and betting exchanges…
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