Victoria And New South Wales 'Earn Above Average Sums From Gambling'

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Victoria and New South Wales report high gambling taxes

Some states in Australia could well have been identified as the country's gambling hubs, after it was revealed they bring in more in betting taxes than others.

A piece by Phys.org shows Victoria and New South Wales earn 10.8 per cent and 8.6 per cent more than the national average in this manner respectively.

It is said that these locations tend to boast a great number of poker machines and subsequently make a significant amount of money.

Indeed, in 2010-11, poker machines in Victoria generated net gambling revenue of approximately AU$2.7 billion (£1.78 billion).

The news source suggested that a series of tax reforms could now be the best way to tackle some issues, such as problem gambling, which are a concern in some parts.

But for many, the casinos and poker machines in Victoria and New South Wales - and their major cities such as Melbourne and Sydney - are a constant source of entertainment and potential profit.