Tag Archives: Credit Cards

The Swedish Trade Association for Online Gambling (BOS) has taken a stance against the Ministry of Finance mandate for a comprehensive ban on gambling with credit.  According to the proposal memorandum, the ban will boost Sweden’s efforts to prevent cases of indebtedness caused by credit gambling.  By law, licensed gambling operators carry a “duty of care” which mandates that they …

The UK Gambling Commission (UKGC) has published its full consultation and evidence disclosure on its decision to ban gambling credit card transactions from 14 April 2020.  A key 2020 judgement, The Commission stated that its review had been undertaken focusing on the objectives of its ‘Business Strategy 2018-2021’ – to protect the interests of consumers, raise all-round industry standards and …

South Australian Senator Nick Xenephon wants Australia’s financial authorities to ban g credit lines facilities being offered to national consumers. A new report released on Monday calls for a blanket ban on online betting companies extending credit to gamblers, including accepting credit cards as a form of payment. The senator supported by the Australian Financial Counselling (FCA) has warned government bodies that …