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UKGC will be holding a twelve-week consultation on gambling online with credit cards

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Following a recent call for evidence on the issue of gambling online with credit cards, the Gambling Commission has confirmed it will be holding a twelve-week consultation to begin in mid-August.

One approach would be to ban gambling online with credit cards. However, the public and all other stakeholders will be consulted on other options, including restricting the use of credit cards. The Commission will then take the most appropriate course of action in view of any evidence obtained by this consultation, alongside data already submitted. 

The call for evidence, which the Commission launched in February, provided several key interest points around the use of credit cards to gamble online. These included:

Paul Hope, Executive Director at the Gambling Commission, said: “Gambling with borrowed money is known to be a risk factor for consumers, so we think there is a need for action. This consultation will help us decide what that action should be.”

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Posted on 24 July 2019
https://www.gamblingcommission.gov.uk/news-action-and-statistics/News/gambling-online-with-credit-cards