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<p class="MsoNormal"><span style="color:#365F91">Well written piece Len,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#365F91">Totally agree with you.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#365F91">“</span>Australian governments have a far more serious gambling addiction than punters.”<o:p></o:p></p>
<p class="MsoNormal">They also have a far more serious smoking addiction, than smokers.<o:p></o:p></p>
<p class="MsoNormal">How can they endorse higher fees, which mean a larger takeout, the odds are getting very close to the pokies in some price bands.<o:p></o:p></p>
<p class="MsoNormal">Problem gamblers will see their money disappear faster because the playing field isn’t fair.<o:p></o:p></p>
<p class="MsoNormal">Winning punters will find it harder to keep their accounts opened, and it’s very difficult as it stands!<o:p></o:p></p>
<p class="MsoNormal">Lindsay<o:p></o:p></p>
<p class="MsoNormal"><span style="color:#365F91"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif";mso-fareast-language:EN-AU">From:</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif";mso-fareast-language:EN-AU"> Racing
[mailto:racing-bounces@ausrace.com] <b>On Behalf Of </b>L.B.Loveday<br>
<b>Sent:</b> Tuesday, 29 May 2018 8:37 AM<br>
<b>To:</b> 'AusRace Racing Discussion List'<br>
<b>Subject:</b> [AusRace] POC tax<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p><span style="color:black">The Australian reported on the Victorian 8% POC tax:
</span>"At almost half the SA level, that was a coup for online players".<o:p></o:p></p>
<p>Some coup! An <span style="background:yellow;mso-highlight:yellow">infinite increase</span> in a tax from 0% to 8% is hardly a coup. And the people who will pay the tax are bookmakers' customers, not bookmakers, just as surely as GST is paid by buyers, not
sellers.<o:p></o:p></p>
<p>William Hill cut its losses and sold out at a reputed loss of $400m; Luxbet, backed by the huge TAB, went belly-up late last year and closed its doors, so the idea that the bookmakers have a significant "tax dodge" is just a fantasy devised by politicians
to justify another grab of our money - Australian governments have a far more serious gambling addiction than punters.<o:p></o:p></p>
<p>The massive increases in TAB commissions (siphoned off to pay rebates) drove me and others from the TAB; will this POC tax be the straw that will break our backs?<o:p></o:p></p>
<p><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
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