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UK Gambling Commission to Launch Consultation on Credit Card Gambling

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UK Gambling Commission to Launch Consultation on Credit Card Gambling
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The UK Gambling Commission is going to hold a twelve-week consultation on credit card gambling in mid-August.

One approach would be to ban gambling online with credit cards. However, the public and all other stakeholders will be consulted on other options, including restricting the use of credit cards. The Commission will then take the most appropriate course of action in view of any evidence obtained by this consultation, alongside data already submitted.

The call for evidence, which the Commission launched in February, provided several key interest points around the use of credit cards to gamble online.

“Gambling with borrowed money is known to be a risk factor for consumers, so we think there is a need for action. This consultation will help us decide what that action should be,” Paul Hope, Executive Director at the Gambling Commission said.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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