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Macquarie predicted Sportsbet's EBIT would slump from $141 million to $seventy nine million, but admitted its modelling was relatively "an unlikely final result given that the expense may very well be partially passed on to consumers by way of lessened promoting [and] promotions and/or lifting yields".
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From practical experience, most bettors wager on diverse sports activities, while others will concentrate on just one Activity but wager on nearly each event.
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In a note to clients, Macquarie claimed The brand new taxes could Value the corporate bookies approximately $195 million and imply the likes of CrownBet, Ladbrokes and Bet365 would wrestle to break even.
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