National’s gambling tax – a sure bet?

Gambling policy a bit of a gamble. (Image: Getty)

Fri, 01 Sep 2023

The National party thinks there’s a massive tax loophole in online gambling worth $176 million a year, but do the figures stack up, and could they really get a regulatory regime in place by July 1 next year?Thanks to the “Netflix tax” introduced by National in 2016, the government already collects $38m in GST from online casinos, but National thinks there’s a significant share of the market not covered by the tax net – plus, they want digital casinos to pay company tax and casino duties on top (local licensed opera...

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