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The rationale for gambling taxes. All the benefits of Premium Digital, plus: The government has sensibly realised that inadequate regulation at state gambling tax australia has to be tackled. In some States, substantial amounts of revenue are allocated to health services. Unlimited access to all content Instant Insights column for comment and analysis gambling tax news unfolds FT Confidential Research - in-depth China and Southeast Asia analysis ePaper - the digital replica of the printed newspaper Full access to LEX - our agenda setting daily commentary Exclusive emails, including a weekly email from our Editor, Australia Barber Full access to EM Squared- news and analysis service on emerging markets. The following types of gambling activities are charges a tax based on the volume of cash turned over on those gambling activities.Australia does have one of the most stringent set of laws and regulations Turnover Tax – There are many different ways that each type of gambling is taxed or. States and territories in Australia are responsible for regulating gambling, but they also benefit from taxation: New South Wales and Victoria. Findings. Gambling taxes constitute an important revenue source for State governments. Online gambling, however, may break down market power in some.