Bit Of A Yarn

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Bit Of A Yarn

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Posted

On a slightly different tangent a successful lobby led by a forward thinking group enabled a signifacnt funding change to sport prior to the Act's passing in May 2026.

"Following significant backlash from over 50 sporting organizations who feared the law would dry up grassroots funding, the Government updated the legislation. The Online Gambling Duty was increased from 12% to 16%, meaning that a ringfenced 4% of online casino gaming revenue will go directly back to communities."

Drawing a long bow, the TAB's requirements for funding sports from a lesser Class 4 income stream should be less pressing.

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