Gambling credit card ban now in force - The Christian.
The UK Gambling Commissions, the watchdog for the sector, estimated that of the 10.5 million Britons who gamble online, 800,000 use credit cards. Of those, 22% are thought to be problem gamblers. The ban on using credit cards prevents them from betting money they don’t have and racking up credit card debt.
The big news for U.K. gamblers will be the credit card ban. Effective on April 14, using a credit card on most forms of gambling will be illegal in the country. The only exceptions are for non.
The UK gambling regulator is set to introduce a ban on online gambling with credit cards this week. Gambling operators are believed to be resigned to a complete ban on credit card betting as part of the latest crackdown aimed at protecting vulnerable players. The move, which is likely to be outlined in a long-awaited report by the Gambling.
The UK Gambling Commission has collaborated with many government institutions in deciding whether the credit card ban should be implemented, how and when. In fact, it was suggested a year ago, so the Commission carried out a public consultation on the matter between August and November last year. The Government’s Review of Gaming Machines and Responsibility Measures was conducted, as well.
UK Finance, meanwhile, estimates that some 800,000 people use credit cards to gamble. The ban, which will apply to all online and offline gambling products, with the exception of lotteries that.
Credit card gambling to be banned in industry shake-up. Share this. Brits are to be banned from using credit cards across all betting platforms in a bid to control problem gambling and help vulnerable customers. The Gambling Commission announcement will see the ban come into place on April 14 after they completed reviews of the industry alongside the government. All betting activities, both.
UK Bans Use Of Credit Cards To Pay For Gambling People in the UK are no longer allowed to use credit cards to gamble, starting from April 14, 2020. The ban was first announced by the UK government and the Gambling Commission in January 2020 as an attempt to reduce problem gambling.