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Macquarie predicted Sportsbet's EBIT would slump from $141 million to $seventy nine million, but admitted its modelling was relatively "an not likely result provided that the expense might be partially passed on to customers as a result of lowered internet marketing [and] promotions and/or lifting yields".
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But the corporate bookmakers' agent group, Dependable Wagering Australia, said the introduction of The brand new taxes in Queensland and NSW would make it complicated for its users to services customers in These states.
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Within a Be aware to purchasers, Macquarie explained the new taxes could Price the company bookies around $195 million and necessarily mean the likes of CrownBet, Ladbrokes and Bet365 would struggle to interrupt even.
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