Australian senators have heard impassioned pleas by financial counsellors and gambling reform groups to ban the use of credit cards for online betting.
The use of credit cards for online wagering platforms like Sportsbet could be banned if the proposed Interactive Gambling Amendment (Prohibition on Credit Car Use) Bill 2020 passes.
A Senate committee heard submissions on Friday as it prepare to hand down its recommendations.
Under the Bill, its suggested Australia follow the United Kingdom, which banned credit cards for all forms of remote wagering last year.
Proponents of the Bill say the ban would ensure problem gamblers didnt use money they didnt have and push themselves into debt.
Overwhelmingly, stakeholders who fronted the commit…
Read the full article at: https://thewest.com.au/business/push-to-ban-credit-cards-in-online-gambling-c-3927482