30-second summary
- Watchdog reviewing use of credit cards to place bets
- As much as 8.6m a year being gambled via credit cards
- MPs concerned it adds to Britains gambling epidemic of 480,000 problem gamblers
After a Daily Mail report highlighted the way gambling companies encourage their customers into spending more money, the next call for action is to ban the use of credit cards. It is feared that credit cards aid vulnerable gamblers to spiral into debt.
Last year, the UK Gambling Commission stated it had begun looking at the use of credit cards. The official review will begin next week, potentially resulting in a tightening of the law around them.
Restrictions on credit card betting
Gamblers are about to find there could be new restrict…
Read the full article at: https://www.vegasslotsonline.com/news/2019/02/20/credit-cards-uk-regulator-mulls-ban-gamblers/