The Gambling Commission declared that gambling companies in Britain would not encourage customers to use credit cards to play. online gambling Malaysia
Lottery exception for legitimate reasons
The Gambling Committee has said that people should be forbidden from using credit cards to gamble, to try to reduce the issue of gambling. The injunction, which enters into force on 14 April, is followed by the Commission’s assessment of online play and the government investigation. Between August and November 2019, a public consultation was held. MMC996 Malaysia
Gambling online
Great Britain’s 24 million adults bet with 10.5 million players online. UK Finance is estimating the use of credit card gaming by 800,000 customers. Separate Commission analysis finds that 22% of online players using credit cards are classified as trouble players – with even more at risk of damage. (Data Source: study of gambling involvement, March 2019. The study was carried out online by Populus and included a representative group of c.2000 people, about 150 of whom registered playing online using a credit card.
Great extent
Mr. McArthur said that while he acknowledged that some customers have used credit cards due to their convenience, there is too much chance of injury to others to continue using credit cards. I realise this will discomfort those people who are responsible for using credit cards, but we are happy that lowering the likelihood of damage to others means that measures have to be taken.” he added. “But we’ll assess the prohibition and track customer unintentional situations carefully. Mr McArthur alerted him to the need to accompany the ban on credit cards, even though the damage to gambling could be reduced.
Department for digital
The prohibition is part of our continued efforts to reduce gambling damage. We would also continue our collaboration with casino operators and the financial community to ensure that customers are able to invest their money only.
Ministers of the New Culture, Communications and Sport departments (DCMS) met last year to address their growing issues with banks and gaming operators, and how businesses might use technologies and client data to support those at risk of gamblers, particularly those on credit cards.
Culture Minister speech
people whose lives have been turned upside down by gambling abuse, even though millions are playing responsibly. Consumers who gamble money without it have strong proof of risk, so it is perfectly correct that we act decisively to defend them. We also implemented a wave of tougher policies over the past year, including slashing the overall stake in fixed odds betting terminals, tightening the age and identity checks for gamer gaming and broadening national support by means of the NHS long-term plan for gaming.
Commission announcement
We would not hesitate to take further measures to protect people from gambling. This day the Commission also announced modifications to the terms of licence, which enable all online gaming players to take part in the GAMSTOP system and provide service to their customers from 31 March onwards.
