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UK Gambling on credit cards to be banned

Martin Everson

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Jan 2, 2018
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UK lost the plot seriously. What next ban cupcakes because of obesity? :rolleyes:. I remember they even wanted a porn pass to view porn online and now you can't even use a credit card to gamble online. I mean seriously you can only use a credit card to buy a lottery ticket if you buy some other products as well????....lol. Brexit can't be a good thing if these are the types of future laws they will come up with.

Gambling on credit cards to be banned


-- quote start

People are to be banned from using credit cards to place bets, in an attempt to curb problem gambling, the Gambling Commission has said.

The ban, which starts on 14 April, comes after reviews of the industry by the commission and the government.

A total of 24 million adults in Britain gamble, with 10.5 million of those doing so online.

Separate commission research shows that 22% of online gamblers using credit cards are classed as problem gamblers.

Neil McArthur, Gambling Commission chief executive, said: "Credit card gambling can lead to significant financial harm. The ban that we have announced today should minimise the risks of harm to consumers from gambling with money they do not have.

"We also know that there are examples of consumers who have accumulated tens of thousands of pounds of debt through gambling because of credit card availability.

"There is also evidence that the fees charged by credit cards can exacerbate the situation because the consumer can try to chase losses to a greater extent."

.....

The ban will apply to all online and offline gambling products except lotteries that are run for good causes. These lotteries will have to provide a significant layer of additional protection to vulnerable people.

The commission said that tickets for these lotteries, as well as for the National Lottery, can be bought using credit cards in supermarkets and newsagents as long as they are purchased with other products.

It said it would be a "disproportionate burden on retailers" to stop credit card payments if the tickets were part of a wider shop, but said lotteries had the lowest problem gambling rate.


-- quote end
 
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The biger problem for UK is not the game. It's the ethylic consumption. If we add the game to this, we have a country with serious problems. A country with a significant and huge numbers of people with declared alcoholism.
 
So people will use crypto or something different to Gamble, I don't believe the credit card prohibition will stop people. If such things are the only one they do I'm fine. I'm simply waiting for the Brexit to see if the UK will be the next tax heaven for the world after Brexit.
 
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The sore losers will be buying btc with their cards or transferring money to vouchers or cash accounts then after they lose complaining to the regulator that their source of wealth was not properly checked and they actually still deposited with a card and therefore are entitled to their money back. Big government is a disaster.

UK is a failed society, just like the whole western world. They destroyed their own countries with uncontrolled immigration of low IQ unskilled people from 3rd world countries.
Done for 2 reasons: (1) Cheap labor and (2) left wing voters. Seems like an inevitable outcome everytime.
 

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