It's very heavily taxed. On racing you've got turnover tax of about 2%, plus GST at 10% of revenue point of consumption tax at 10-15% of revenue. That's about 1/3 of potential profit going in fees/taxes, before the 30% NPAT is imposed on whatever profit remains after marketing costs, wages and IT expenditure.
. Reaper
Ann: BBT announces merger with betr & $20m equity raise, page-16
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Last
27.0¢ |
Change
0.005(1.89%) |
Mkt cap ! $152.7M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 29.0¢ | 26.5¢ | $74.38K | 272.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 54155 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 25957 | 1 |
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| Last trade - 15.58pm 01/11/2024 (20 minute delay) ? |
| BBT (ASX) Chart |