Credit card payments banned for gambling

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 h...

You are unauthorized to view this page.

Previous articleGlobal equities lack inspiration and opt for insipid green
Next articleEveryman note market share increase within bullish annual update
Avatar photo
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.