Gamblers will soon be unable to place wagers online using their credit cards in a bid to reduce problem betting.
The federal government will introduce legislation to parliament on Wednesday banning credit from being used to bet online, which will also include digital currency like bitcoin.
Under the new laws, companies that dont enforce the credit card ban will be slapped with a fine of more than $234,000.
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The communications watchdog will also be given new powers to enforce the changes.
Communications Minister Michelle Rowland said the changes would mean problem gamblers would not get further entrenched in debt.
Its as simple as this: people should not be betting with money they do not ha…
Read the full article at: https://www.bay939.com.au/national-news/credit-card-gambling-ban-expanding-to-cover-online-bets/