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UK: banning credit cards to combat gambling problems

Published date: 2018-02-01
UK: banning credit cards to combat gambling problems

Even though the United Kingdom has one of the oldest regulation in the market of the gambling industry, it keeps evolving in how they can get better or avoid conflict situations.


punto online

This time and one time again they are trying to protect their citizens, in regards that spectrum problem of problem gambling behavior, impacts an estimated 2.3 million of them.

Department for Digital, Culture, Media and Sport (DCMS) heard a recommendation from a public policy research group that online gamers should no longer be able to use credit cards to fund their accounts.

This segment of the gambling market is growing at around 10 percent annually, the number of unique online gamblers in the U.K. is estimated at more than two million. (READ SO: UK: ORDERED THE CLOSURE OF 450 THAT ENCOURAGE MINORS TO GAMBLING)

Other of the measures that were suggested are reducing the stakes on fixed-odds betting terminals and imposing a new levy on gaming firms in order to fund additional addiction treatment.


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