Gambling taxes

Wagering and betting tax

Wagering and betting agencies that make net revenue over an annual threshold pay a point of consumption tax.

Who pays the tax?

Wagering and betting entities pay the tax on their net wagering revenue, including GST, from customers located in Victoria at the time of making a bet.

Wagering and betting entities include:

• a registered bookmaker
• the wagering and betting licensee in Victoria
• any person registered or licensed in Victoria, or another state or territory, to accept bets or provide a service through which bets are made.

How the tax is calculated

The wagering and betting tax applies at a rate of 10% of net wagering revenue, including GST, from customers located in Victoria in excess of the tax-free threshold of $1 million.

From 1 July 2024 the rate will increase to 15%. The tax-free threshold will remain at $1 million.

More about wagering and betting tax

Keno tax

Keno entities pay the tax on their net keno revenue (NKR), including GST, from keno players located in Victoria at the time of playing keno.

Who pays the tax?

Keno entities include:

• a keno licensee in Victoria
• a person authorised or permitted to conduct a keno game, in Victoria or elsewhere, under the law of another state or territory.

How the tax is calculated

Keno tax is calculated on the NKR of a keno entity each month at the rate of 24.24%. This is GST inclusive. There is no tax-free threshold.

More about keno tax

Casino tax

Casino operators in Victoria are required to pay tax on casino gaming revenue from table games, electronic gaming machines and commission based players.

Who pays the tax?

Casino tax is paid by casino operators operating in Victoria based on gross gaming revenue. A casino operator is the holder of a licence granted under the Casino Control Act 1991.

How the tax is calculated

Casino tax is calculated on a casino operator’s total gaming revenue for a month less any state tax credit for that month.

Casino tax payable is the sum of:

• the amount equal to 21.25% of the casino operator’s gaming revenue attributable to table games in the month, excluding commission based players
• the tax on the casino operator’s gaming revenue attributable to gaming machines in that month, excluding commission based players
• 9% of the casino operator’s total commission based players gaming revenue in that month.

Casino operators are also required to pay the community benefit levy each month, which is 1% of total gaming revenue in a month, and may also be required to pay additional casino tax each year.

More about casino tax

Getting it right

Our priority is to help you pay the right amount of tax at the right time. Learn more.