Australia is a very special country. It is large and isolated, with the words ‘island’ and ‘continent’ accurately describing it somehow. It is also known for its very diverse weather and very unique ecosystem. Many, as in more than 83%, of the animal species found on Australia are endemic to that country. Many of those species are also endangered, and face the threat of extinction.
Of course, all that exclusivity and fragility demands protection. And an Australian professor from Queensland may have come up with an effective solution. His proposition entails that the state governments impose a fraction of a percent in annual taxes on the online casinos. This relatively very modest sum would aid in saving at least some 372 species from the endangered list. This money would be spent in public education as well as conservation efforts.
As Australia has been moving into regulation of online gambling, this might not be as far-fetched of a possibility as it may at first seem. It’s for a good cause, and will probably be very effective, since the online casinos can supply the money.
The problem is when everybody and their mother decide that they should get a piece of the Online Gambling Tax pie, this piece could simply grow indiscriminately until we see more drastic measures having to be taken, such as (gasp!) increased rake. It has been demonstrated time and time again that most people who want a piece of the Online Gambling Tax pie have no idea how the gambling ecosystem (pardon the pun) is put into each other, how it functions etc. They only see the money rolling, and decide they want some, notwithstanding what effect they may have on the whole thing…
Let’s hope that over time prudence will prevail over greed, for the sake of all the players involved. One time, dealer!