Online gambling: What’s the catch? BBC News
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Dabble will also have to deal with a rise in general betting duty, paid on online sports bets, which will increase from 15% to 25% of gross profit, on April 1, 2027; bets on horseracing will be exempt from this increase. In 2022, Tabcorp, widely regarded as Australia’s biggest gambling company, purchased a 20% stake in Dabble for A$33 million (£16.8 million); Tabcorp now holds a 23% interest in Dabble. Dabble’s social betting offering allows users to follow and replicate bets made by friends and influencers. Dabble has a diverse offering, as it has operated a sportsbook in Australia since 2021, and moved into the US with a daily fantasy sports app in 2023. Virtual and augmented reality may bring immersive casino experiences into homes and public spaces.
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