SÁB 18 DE MAYO DE 2024 - 13:36hs.
As a result of COVID-19

UK credit card gambling ban comes into effect

The UK Gambling Commission's ban on using credit cards to fund gambling has come into effect this April 14th, with the regulator hailing its implementation as particularly timely as a result of the COVID-19 lockdown. The ban applies to online and offline betting products, with the exception of non-remote lotteries, including products such as physical National Lottery tickets.

Announced in January by the GC and the government’s Department for Culture, Media and Sport (DCMS), the ban means UK consumers will no longer be able to use credit cards for any form of gambling.

The ban applies to all online and offline gambling products, with the exception of non-remote lotteries, including products such as physical National Lottery tickets and scratchcards purchased in-person at retail outlets.

The new ban also covers credit card gambling through e-wallets, while the Commission reminded operators that they can only accept customer payments via e-wallets only if they prevent credit card use for gambling.

“This credit card ban will further protect consumers from financial harm and from today, nobody in Great Britain can use a credit card to gamble,” Gambling Commission chief executive Neil McArthur said. “It is a ban which ultimately reduces the risks of harm to consumers from gambling with money they do not have,” he added.

“The ban also comes at a vital time as we are seeing an increase in the use of some online products, such as online slots and virtual sports, and our online search analysis shows an increase in UK consumer interest in gambling products since the lockdown began. This is another milestone and we will continue to look for ways to make gambling safer,” McArthur concluded.

Source: GMB / iGaming Business