UK Investigating Whether to Ban Credit Cards for Betting

This story was published more than 1 year ago.

The UK Gambling Commission announced that they're starting a study in August that will look into whether or not credit cards should continue to be allowed to gamble online with.

The study will run for 12 weeks and will look into the different ways that the regulator can prevent punters from betting with borrowed money. The move is the second this year for the UKGC related to credit card use, but earlier efforts haven't yielded much in the way of insights. While an outright ban is possible, the regulator says that they'll end up taking a look at other options as well.

Gambling is widespread in the UK, and the UKGC has been working to find ways to mitigate gambling addiction throughout the country. They championed for the reduction of FOBT max bets from £100to £2.

We'll be following the story and updating readers as the results of the study become available.

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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bgsharpe
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31 July 2019 - 7:02pm
#1

I don't think this is a complicated matter at all...people just don't have to be able to gamble(and potentially loose) a money they do not own...as simple as that, otherwise the gambling addiction problem would just get bigger.

usbarbadosslim93
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1 August 2019 - 4:20pm
#2

I agree with you sharpe. Using borrowed money to gamble is silly, IMHO.

sharpe

krcoolsongss
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3 August 2019 - 5:44am
#3

Wow, I remember that they cut down and fixed the bet from 100 to 2 pounds some while ago.
But, this creditcard ban would be much a stronger measure that that.
Looking forward to their decision 🙂