Tag Archives: Nick Xenephon

Australian FCA urges for ban on bookmaker credit lines

SBC News Australian FCA urges for ban on bookmaker credit lines

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 …

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