Flutter Investor Day Presentation Deck
Regulations and taxation underline importance of scale Sportsbet enjoys
Federal and state regulations create complexity...
Australian Government
GOVERNMENT OF
WESTERN AUSTRALIA
NORTHERN
TERRITORY
GOVERNMENT
Australia's sports betting
regulatory landscape
COUTE
Government of
South Australia
Tasmanian
Government
Queensland
Government
NSW
GOVERNMENT
VICTORIA
State
Government
...plus 28 individual racing and sporting bodies
with integrity agreements to comply with
High taxes favour scale operators
Fees and taxes as a % of net revenue¹
25.1%
9.1%
13.0%
2017
Racing product fees
Point of consumption tax²
Other
43.3%
9.4%
14.6%
Flutter sh
17.2%
2020
Sport product fees
GST
¹2017 presented on a reported basis, 2020 presented on a pro forma³ basis.
2 Effective rate of point of consumption tax was 10.5% of GGR4 in 2020.
³ Flutter's combination with The Stars Group completed on 5 May 2020. Throughout this presentation, pro forma figures include BetEasy as if it was part of Sportsbet from the beginning of the relevant period.
4 GGR refers to gross gaming revenue, being the total of customer staking less winnings paid out to customers. GGR does not indude any deduction for free bets or other promotional activity.
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