I wonder how many years the licences are good for.

Like any business dealings , there is usually a memorandum of understanding.

If new taxes want to be imposed , that would usually be at the end of the original licence agreement rather than during.

Anything that changes could make the original agreement void.

Like we have seen with the Aust Soccer Federation where that Sports Group with a 20 year licence, have claimed the Federation has not delivered on their part of the deal and now wish to hand back their licence rather than lose any more money.

That 1.50% is a massive whack .
If betting stayed the same , that would produce billions of dollars.

I feel the authorities have zero understanding how the betting industry functions & the small profit margins that they work with.
They must see it as a small cost on top, like the Mining Tax, which it isn't, its a massive cost on top.

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Cheers.