A proposed ban on gamblers using credit cards for online betting has been opposed by — you guessed it — companies profiting from gamblers going into debt.
Australia’s gambling peak body is standing alone in opposition to a proposed law that would stop Australian betting companies from accepting credit cards for online gambling.
The bill, proposed by Centre Alliance Senator Stirling Griff, follows a similar ban in the UK that makes it a crime to accept, facilitate or promote credit card payment for online betting.
Online gambling in Australia is limited to TABs, bookmakers and betting exchanges. Chance games including pokies and casino-style games as well as in-play betting on sporting events are illegal. Online services licensed outside of Australia are illegal too.
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