UKGC confirms credit card ban inbound for 14 April 2020

Daniel Fowler
January 15, 2020

Since the announcement the debate on whether this new legislation is enough has already heated up, and at 3radical a very big concern is whether this will have any real impact on problem gamblers' behaviour - especially considering it wouldn't take much effort for a problem gambler to transfer money from their credit card to their debit account.

According to Neil McArthur, the chief executive officer of the United Kingdome Gambling Commission, gambling with credit cards puts consumers at risk of great financial harm.

United Kingdom punters will be banned from making credit card deposits with bookmakers and other gambling agencies from April. Therefore to us it makes ideal sense to us that to help protect players, stopping them from being able to rack up a lot of debt by using credit cards to gamble is an excellent idea.

The ban follows the Commission's review of online gambling and the Government's Review of Gaming Machines and Social Responsibility Measures.

It is predicted to affect 24 million adults across Britain, with 10.5 million of those gambling online. "This forms part of our ongoing work with our partners to implement the National Strategy for Reducing Gambling Harms".

Helen Whately, culture minister, said: "While millions gamble responsibly, I've also met people whose lives have been turned upside down by gambling addiction".

McArthur conceded that the use of credit cards is a simple convenience for most, but stressed that the risk posed to others is too high to allow their use for gambling to continue.

"The Government has promised a review of the 2005 Gambling Act and we will be making the case then for significant changes to ensure stronger protections for those with gambling addictions".

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They also looked at how companies could use technology and customer data to help those at risk of developing gambling problems, including those using credit cards.

The ban applies to online and offline gambling.

'We have also secured a series of commitments from five leading gambling operators that will include £100 million funding towards treatment for problem gamblers.

"A more enlightened and less political regulator could have just asked that those using it should be closely monitored for other markers of harm".

The UK Gambling Commission on Tuesday announced that from this date all online operators licensed by them must participate in the multi-operator self-exclusion scheme.

"We will implement a ban on credit cards and indeed our members will go further to study and improve the early identification of those at risk". Despite forming a new safer gambling initiative late past year, these operators are still suggesting that credit card use is not a direct factor in causing gambling harm.

'It has been a long time in coming and we are glad the Commission have acted decisively on this matter'.

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