
Australia bans credit card payments for gambling
Australia has implemented a new ban on using credit cards and other borrowing products to make payments for gambling and sports betting. The ban already applied to credit betting in land-based casinos.
However, it is still possible to buy a lottery ticket or keno with a credit card. This is an exception to the rule.
Licensed operators had a grace period to comply with the new rules, which has now ended. Violators of these rules could face hefty fines up to $155,000.
Government officials emphasised the responsible gambling and the importance of not risking money that one does not possess when gambling.
12 June 2024, 11:54
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