Sun. Nov 24th, 2024
Government to legislate against use of credit cards for online gambling

Government to legislate against use of credit cards for online gambling

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The Albanese government has announced it will legislate against allowing people to use credit cards when gambling online, with a bill proposing the law is expected to enter Parliament later this year.




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The government plans to consult industry groups and stakeholders on how to implement the ban.

The ban on credit cards was a proposal from a 2021 parliamentary committee inquiry which looked at the regulation of the currency being used for online gambling.

The report found while credit card usage for online gambling is low – the harm caused has the potential to be significant and life changing.

By Xplayer