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Tasmania will join other Australian states with the introduce of a Point of Consumption Tax on wagering from January 1.

The tax will take up to 15 percent of the net wagering turnover of betting companies on Tasmanian racing.
Tasracing CEO Paul Eriksson said the introduction of the tax was a positive development that would provide Tasmania with a greater portion of national wagering revenue.
“It will assist to place Tasmania on a level playing field with interstate jurisdictions that have already introduced such a tax,” he said.
“We look forward to working closely with the government on its implementation and welcome the additional funding that is expected to flow to the Tasmanian racing industry going forward.”