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Investigation by Macquarie Prosperity Management predicted The brand new taxes would wipe out nearly all the gains of the corporate bookmakers, who acquire bets by using their Internet sites, apps and call centres only, aside from Paddy Power Betfair-owned Sportsbet.
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"There'll ... be serious and long-Long lasting consequences for punters as well as racing marketplace in NSWÂ as a consequence of the excessively superior tax level," RWA government director Stephen Conroy reported.
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Ahead of this, The 2 platforms experienced approximately the same variety of players, though the Sportingbet System experienced increased liquidity since that System was portion of a larger community. The brand name identify of Paradise Poker was retained.[eight]