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UK weighing up ban on credit card gambling

Online gambling ban on credit cards in UK

THE United Kingdom government is considering a nationwide ban on the use of credit cards for gaming and wagering.

Jeremy Wright, the Culture Secretary, believes betting shops, online bookmakers and banks should be doing more to prevent problem gamblers from spending money on tick.

“Self-exclusion schemes are essential but must be properly policed and effective to support the individual that has taken the decision to opt-out,” he told the press.

Barclays, Santander and the Royal Bank of Scotland are among several financial institutions that now give customers the option to block payments to gambling operators from their mobile applications.

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According to Wright, the government will not be afraid to intervene if British bookies, banks and other sectors of the gambling industry do not continue to develop their player protection policies.

“Protecting people from the risks of gambling related harm is vital and all businesses with connections to gambling – be that bookmakers, social media platforms or banks – must be socially responsible,” he said.

“The government will not hesitate to act if businesses don’t continue to make progress in this area and do all they can to ensure vulnerable people are protected.”

The news follows the UK Gambling Commission’s announcement of stricter regulations for ID verification to stop self-excluded gamblers from betting online.