But the corporate and its primarily international-owned corporate bookmaker friends could see their profits in Australia practically wiped out by betting place-of-consumption taxes declared in each and every condition and territory.
Macquarie predicted Sportsbet's EBIT would slump from $141 million to $seventy nine million, but admitted its modelling was fairly "an unlikely consequence provided that the cost can be partly passed on to consumers by lessened internet marketing [and] promotions and/or lifting yields".
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