New Zealand’s government has confirmed that online casinos operating under the country’s upcoming licensing regime will be prohibited from accepting customer funds via credit cards. The restriction forms part of the Online Casino Bill, legislation intended to legalise and regulate online casino gambling while embedding consumer protection measures into the market from its launch.
Consumer Debt Concerns Drive Payment Rules
Internal Affairs Minister Brooke van Velden said Cabinet had agreed to the payment restriction during the drafting of regulations that will sit alongside the bill. The ban had not been publicly signalled before, yet it has emerged as one of the most substantial changes designed to secure broader…