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This week the UK Gambling Commission is considering putting a plan in place that would make it impossible for punters to deposit to online casinos using credit cards.
The regulator said that it will "consider prohibiting or restricting the use of credit cards" to help protect punters, as using credit cards allows players to rack up a debt that they cannot possibly pay down. The announcement was made in a report expressing how it would attempt to make gambling safer for punters, as more than 9 million British citizens gamble.
In the report the UKGC wrote: "We will consider prohibiting or restricting the use of credit cards and the offering of credit but will explore the consequences of doing so. For example the danger of some consumers switching to more risky and higher cost payment methods such as payday loans."
Commission Chairman Neil McArthur spoke about the changes, noting: "The proposals we have announced today are intended to protect children better, reduce the risks to vulnerable consumers and build on the measures we already impose on operators to know their customers and intervene at an earlier stage before consumers experience harm."
No word on when a final decision would be offered for the potential ban on credit cards, but Casino Listings News will keep up on the story and update readers as we learn more.