Online gaming firms have downplayed the potential effect of the banning of the use of credit cards for gambling payments. However, the regulations could still be significant and there could be more to come.
The UK Gambling Commission wants to tackle problem gamblers. Reducing the stakes for fixed-odds betting terminals was one part of this. The latest is the ban on using credit cards to make payments into gaming accounts. This will come into force on 14 April.
Some gamblers have built up huge amounts of debt on their credit cards through betting and gaming. The ban covers deposits for on...
