Australian bookmaker Sportsbet is bracing itself for a wave of new internet betting taxes expected to hit the land down under in the coming weeks.

The Sydney Morning Herald reported that Victoria and New South Wales will roll out details of their respective betting taxes with a single theme: bookmakers will be taxed on the area where the bets are made.

At present, South Australia is the only Australian jurisdiction that has implemented a 15 percent point-of-consumption tax.

Of all the bookmakers based in Australia, Sportsbet is reportedly the first to express confidence that it can easily wade through a deluge of new taxes to be implemented in the country’s two biggest betting states.