Labor has announced it will begin to take steps to make it illegal for betting companies to allow people to use credit cards when gambling online.
– 00.31 Reporter Tom Lowrey from Parliament House in Canberra.
– 01:41 Social Services government minister Amanda Rishworth speaks from Sydney. Subscribe: http://ab.co/1svxLVE Read to a greater extent than here: https://www.abc.mesh.au/intelligence/2023-04-27/credit-card-online-gambling-ban-announced-federal-government/102273708
The government says this decision will bring online gambling into line with other services where credit cards are non allowed. Labor says it plans to introduce legislation to parliament later this year.
It will at nowadays consult with industry groups and other stakeholders about draft legislation and how the ban will actually be implemented.
The government’s programme is to use the same system rolled out in Australian casinos to preclude credit card withdrawals from ATMs where bank identification numbers (BINs) are used to identify and then block credit card payments.
The ban was 1 of the recommendations from a 2021 parliamentary committee inquiry that looked at the regulation of credit cards and digital wallets being used for online gambling.
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