News

Gambling on credit cards could be banned in UK

Monday 14 January 2019 11:13 CET | News

The UK government has announced that it considers banning the use of credit cards in gambling, The Guardian reports.

According to the publication, the Gambling Commission will launch a call for evidence on the matter in February 2019, adding that a regulation could follow. The move is part of a crackdown that will also lead to the government seeking to address “slow progress on self-exclusion schemes”, which are designed to help addicts opt out of betting.

The government welcomes initiatives from banks like Barclays, Lloyds, Santander, and the Royal Bank of Scotland, which allow customers to switch off spending on gambling through their mobile apps.

The industry’s own scheme, GamStop, was due to launch at the end of 2017 but has been delayed, amid concern from the Gambling Commission that people who use it may still be sent promotional material encouraging them to bet.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: UK, gaming, gambling, credit card, Barclays, Lloyds, Santander, Royal Bank of Scotland, gambling commission
Categories:
Companies:
Countries: World





Industry Events