Published: 24 July 2019 by Imogen Moss
“The Gambling Commission (GC) has today announced that in mid-August it will begin a consultation on the use of credit cards for online gambling.
The consultation follows a call for evidence earlier this year which sought information from gambling operators and financial institutions in respect of gambling with borrowed funds. The GC also liaised with debt relief charities as part of their evidence gathering process.
Several key points of interest were raised during the call for evidence including E- wallets and alternative forms of borrowing such as loans and overdrafts.
The GC has confirmed that a number of options will be included within the consultation, including an outright ban on the use of credit cards to gambling online.
For more information please the GC announcement here.”
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