Tag Archives: Credit Card

UK Finance, a trade association for the UK banking and financial services sector, has vowed to join the efforts in combating problem gambling, after the UK Gambling Commission had announced the launch of its consultation on using credit cards to gamble. The gambling regulator has supported the idea that consumers should not have the ability to gamble with money that …

The Gambling Commission is inviting members of the public, gambling businesses and other stakeholders to provide their views on two key issues as part of its work to prevent gambling-related harms. The Commission is requesting views and data on the issue of gambling online with credit cards and, separately, on improving player control measures on all Category B gaming machines, …

UK gambling policy stakeholders are considering banning or severely restricting betting transactions undertaken through credit verticals, in a move to protect national gambling consumers. The UK Gambling Commission (UKGC) is reported to be considering drastic actions on limiting credit cards with a view to reducing ‘the risk that consumers will gamble more than they can afford’. “We will consider prohibiting …