The Gambling Commission has announced a ban on gambling businesses allowing consumers in Great Britain to use credit cards to gamble. The ban, which comes into effect on 14 April, follows the Commission’s review of online gambling and the Government’s Review of Gaming Machines and Social Responsibility Measures. A public consultation was carried out between August and November 2019. The British government has announced a ban on credit cards being used for gambling. From April 14, businesses in the U.K. will be barred from accepting credit cards from consumers placing bets ... Adam Bradford, co-founder of the Safer Online Gambling Group, said that while the credit card ban was "welcome", it was "not a silver bullet to solve the problem as the gambling industry still ... Gambling firms will be banned from allowing punters to bet via credit card from April 14. Ban from April 14 comes after Gambling Commission review of online gambling The UK gambling regulator this week banned gambling on credit cards, saying it aimed to stop people “gambling with money they don’t have.”. The ban applies to all forms of online gambling except the lottery and kicks in on April 14.. The news was met, by financial markets at least, with a relative shrug. Gambling company share prices briefly dipped a percent or two before rebounding. The UK Credit Card Gambling Ban – What It Means for You . By Oliver Hughes in UK on April 13, 2020 . 5 Minute Read If there’s one thing that everyone in the world of gambling can agree on, it’s that responsible gambling is important. Nobody wants to see a problem gambler get into debt by betting more than they can afford to lose. The U.K. Gambling Commission opens consultation into the use of credit cards for online gambling, with outright ban one possible outcome. The motivations behind UK gamblers seeking out unauthorized options reflect many of the restrictions imposed on UK-licensed sites in recent years, including the April 2020 credit card ban ... The credit card consideration by the gambling watchdog follows after much debate last year. Back in August 2019, it was indicated that restrictions on credit cards were likely in the UK for online gambling. At the time, the UKGC had launched a consultation on the issue, requesting public feedback via an online survey. The ban, first announced in January by the Gambling Commission and the government’s Department for Culture, Media and Sport, extends to credit card gambling through e-wallets. It applies to ...
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