Labor to ban the use of credit cards for online gambling

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The federal government will introduce new laws banning using bank cards to gamble on-line later this yr.

(Picture: Gorkie/Non-public Media)

Customers of on-line betting platforms corresponding to Tab and Sportsbet will quickly be stopped from utilizing bank cards to put bets as the federal government prepares to introduce new laws to deliver regulation of on-line wagering according to “land-based” playing. 

The announcement, made on Friday, units in movement suggestions made by a 2021 parliamentary inquiry, which advised the federal government prioritise knowledge assortment on the web playing business and roll out a ban on using bank cards for on-line betting, with exemptions for lottery companies, together with these provided by charitable organisations. 

Communications Minister Michelle Rowland mentioned it’s “so simple as” stopping Australians from betting with cash they don’t have. 

Learn extra about new laws relating to on-line playing.

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