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Gambling loophole ‘must be shut down’ – BBC News

By Dan Whitworth Money Box reporter
  • 5 June 2020
Mobile phone with gambling site Image copyright Getty Images

“It’s like a last-ditch attempt to get the last bit of money out of a gambler. I was just disgusted.”

Dave, not his real name, has fought gambling addiction nearly his entire life and now has 50,000 of gambling debt spread over up to six credit cards.

He’s talking about when he recently saw an advert about a way that lets people gamble using credit on their mobile phone.

Just six weeks after a ban on using credit cards came into effect, politicians and charities say the regulator – the Gambling Commission – must take urgent action to shut down this “loophole”.

The Commission told the BBC’s Money Box programme it’s watching closely for any uni…

Read the full article at: https://www.bbc.co.uk/news/business-52918582

Category: GamblingBy Insolvency GuardianJuly 1, 2020

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Gambling loophole ‘must be shut down’ – BBC News

Mobile phone with gambling site Image copyright Getty Images

“It’s like a last-ditch attempt to get the last bit of money out of a gambler. I was just disgusted.”

Dave, not his real name, has fought gambling addiction nearly his entire life and now has 50,000 of gambling debt spread over up to six credit cards.

He’s talking about when he recently saw an advert about a way that lets people gamble using credit on their mobile phone.

Just six weeks after a ban on using credit cards came into effect, politicians and charities say the regulator – the Gambling Commission – must take urgent action to shut down this “loophole”.

The Commission told the BBC’s Money Box programme it’s watching closely for any unintended consequences of the ban and will consider further inte…

Read the full article at: https://www.bbc.com/news/business-52918582

Category: GamblingBy Insolvency GuardianJune 5, 2020

Post navigation

PreviousPrevious post:Massive blow for subbies in chaos left by Ri-Con collapse – CQ NewsNextNext post:Thai cabinet approves Thai Airways rescue – 9News

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Court wipes punter's $150,000 debt – Racenet
July 15, 2024
Woman sells her two daughters to people traffickers to cover gambling debts – Yahoo News Australia
July 13, 2024
Banned NBA player Jontay Porter admits to $1million gambling scheme and pleads guilty to federal fraud charges – Daily Mail
July 10, 2024
Ex-NBA player Jontay Porter admits to gambling scheme that earned shady bettors $1M – New York Post
July 10, 2024
Ex-Raptors player Jontay Porter pleads guilty in case tied to gambling scandal – CBC Sports
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Intermediate-aged boy's $16k online gambling debt – Otago Daily Times
July 8, 2024
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