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Aquis Entertainment never followed through with the changes that were agreed on. In recent developments, the ACT government has now given the company a month to finalise the proposed expansion. A spokesperson for Aquis has said that the company is reconsidering the redevelopment.
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The state’s decision comes among scheduled cabinet meetings to deliberate the Federal Government’s national betting tax plan. South Australia had announced a 15 percent tax on the net wagering income of wagering companies that earn over $150,000 a year. This is also when they offer their services to South Australians. This decision made by the Australian government was the first time being made on Australian jurisdiction. Targeting betting companies that are based on the jurisdiction. Moves by other states to bring in point of consumption taxes will make it, “harder for TABs and corporate bookmakers. Market WA’s products Causing a deflationary effect on receipts.” – said, Mr. Burt