Huge tax windfall from online gambling heads overseas

By David Olsen · 16 April 2010 · Locked

Full details: Huge tax windfall from online gambling heads overseas

See the complete version on Dynamic Business for the full story and insights.

Read the full article →

Summary

Australians spent over $790 million on overseas gambling sites in 2008, sending with it any possibility to earn tax revenue for Australia due to laws restricting gambling sites in Australia.

Tags: Anthony Travers, Australia, Computer Gaming, Kevin Rudd, KPMG, Nick Xenophon, Online gambling, Productivity