Gambling on credit cards could be banned in UK

The UK government has announced that it considers banning the use of credit cards in gambling, The Guardian Reports.

According to the publication, the Gambling Commission will launch a call for evidence on the matter in next month, adding that a regulation could follow. The move is part of a crackdown that will also lead to the government seeking to address “slow progress on self-exclusion schemes”, which are designed to help addicts opt out of betting.

The culture secretary, Jeremy Wright, said he would haul bookmakers and major retail banks into meetings to discuss concerns that up to 20% of deposits with some gambling firms are made using money that consumers do not actually have.

The industry’s own scheme, GamStop, was due to launch at the end of 2017 but has been beset by delays, amid concern from the Gambling Commission that people who use it may still be sent promotional material encouraging them to bet.

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