https://www.bbc.com/news/business-51103006

11 3 Report

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 availabilit... Full story

6 days ago, 14 January

0
wait