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The UK Gambling Commission announces Credit Card stops in the UK

Credit Cards

The UK Gambling Commission announces - As of 14 April, any consumer gambling online or on the high street will not be able to use a credit card as payment. This extends to credit card gambling through e-wallets. This is an important step forward in protecting the 10.5 million people who gamble online from harm. This decision, however, comes as no surprise. In January, the Gambling Commission and the Department for Culture, Media and Sport announced the widely-publicized ban. Statistics show that around 800,000 individuals in the UK use credit cards to gamble. Some research also highlights that 22% of online gamblers using credit cards are problem gamblers. *NOTED BY B2U. We assume that debit cards aren't banned and can still be used as before.

Neil McArthur, Gambling Commission chief executive, said: “This credit card ban will further protect consumers from financial harm and, from today, nobody in Great Britain can use a credit card to gamble. It is a ban that ultimately reduces the risks of harm to consumers from gambling with money they do not have.

Neil McArthur added: “The ban also comes at a vital time as we are seeing an increase in the use of some online products, such as online slots and virtual sports, and our online search analysis shows an increase in UK consumer interest in gambling products since the lock-down began. This highlights just how important it is for gambling operators to keep people safe and the credit card ban will help that. This is another milestone and we will continue to look for ways to make gambling safer.”