Noticias de ultima
  • 12.00 La edición de SiGMA East Europe se traslada a Budapest con Affiliate World
  • 12.00 iGB Live 2024 concludes today its biggest edition in Amsterdam
  • 12.00 Brazilian Chamber of Deputies includes gambling in "Sin Tax" List
  • 12.00 iGaming in Mexico Webinar: What legislative changes are imminent and what should operators know about them?
  • 12.00 SiGMA East Europe edition moves to Budapest with Affiliate World
  • 12.00 MERKUR Community support England Hockey's Olympic Legacy vision
  • 12.00 Macau casino market recovers but very slowly
  • 12.00 IBIA Reports Surge in Suspicious Betting Activity in eSports, Global Alerts Spike in 2Q
  • 12.00 Bingo Madrid customers already enjoy Fu Frog by Zitro
  • 12.00 Steps for Success: How to start iGaming business in 2024, by Uplatform

A blanket ban on credit card gambling takes effect as Australian government signals an industry crackdown

Tuesday 11 de June 2024 / 12:00

2 minutos de lectura

(Australia).-New laws have taken effect prohibiting gamblers from using credit cards for online betting.

A blanket ban on credit card gambling takes effect as Australian government signals an industry crackdown

Australians will no longer be allowed to use their credit cards to place bets online as the government moves to tighten industry regulations to stamp out harms caused by gambling.

Under new laws that came into effect on Tuesday, the use of credit cards, including ones linked to digital wallets as well as digital currencies such as Bitcoin, will be outlawed for online wagering.

Companies face fines of up to $234,750 if they fail to comply.

The online gambling industry was given six months to adjust to the transition.

Communications Minister Michelle Rowland said the changes would help to protect vulnerable Australians and said the government would announce further reforms in due course.

“Australians should not be gambling with money they do not have,” Ms Rowland said.

“Last year, the Albanese Labor government committed to banning credit cards for online wagering – and we’ve delivered.

“This ban builds on the significant progress to minimise gambling harm that the Albanese government has made over the past two years which is already benefiting thousands of vulnerable Australians.”

Australians lose about $25bn to legal forms of gambling each year, representing the largest per capita losses in the world, according to the Australian Institute of Health and Welfare.

The credit card ban follows recommendations put forward by a parliamentary inquiry that called for a total phase out of gambling ads over the next three years.

In its submission, Responsible Wagering Australia, which represents online wagering companies, including Bet365, Sportsbet, and Unibet, supported the new credit rule but pushed for an extension to cover online lotteries and Keno.

“If consumer protection measures aren’t consistent across all forms of gambling it will incentivise vulnerable Australians to move to less-regulated types of gambling, where they are more at risk of harm,” chief executive Kai Cantwell said

About two in five adult Australians gamble at least weekly, with nearly half of Australian men spending money on gambling activities in a typical month.


Tags: Sin tags

País: Australia

Región: Oceania


PGS, Perú Gaming Show 2024

12 de June 2024

Emotional tribute to Manuel San Román Benavente at PGS 2024

(Lima, SoloAzar Exclusive).-During PGS 2024, a moving posthumous tribute was carried out to the engineer Manuel San Román Benavente who died at the age of 74 and was General Director of the Casino of games and slot machines of the Ministry of Foreign Trade and Tourism of the Peru.

Friday 12 Jul 2024 / 12:00

GLI Perspectives on Gambling Regulation in Latin America

(Lima, SoloAzar Exclusive).- In an exclusive interview with SoloAzar, Georges Didier of Gaming Laboratories International (GLI), offers his perspectives on the evolution of gaming regulation in Latin America and the crucial role of GLI in this dynamic landscape.

Friday 12 Jul 2024 / 12:00

Implementation of robust identity verification systems by 2024 expected

(Lima, Exclusive SoloAzar) - During the conference "Knowing your players, AI, and fradue" at the Peru Gaming Show, Samer Atassi, Vicepresident for Latam at Jumio, addressed the growing concern about online gambling security and highlighted the importance of knowing your players to prevent fraud and protect minors.

Thursday 11 Jul 2024 / 12:00


Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.