4 Thousand Accounts Blocked in Indonesia Due to Online Gambling
Indonesia's financial authority has taken action to block over 4,000 bank accounts in the past three months due to payments related to online gambling. Diane Ediana Ray, the department's head, confirmed that blocking cards is part of the effort to minimize and restrict the avenues for online gambling transactions through the banking system.
She cautioned that the Ministry of Telecom and Mass Communications, along with the banks themselves, might block accounts associated with online gambling. Rae emphasized that the Indonesian banking industry is committed to supporting the eradication of online gambling.
Gambling is strictly prohibited in Indonesia, and it is illegal for both locals and foreigners. The country lacks physical casinos, and individuals engaging in online gambling or accessing games for money can face imprisonment for several years.
18 December 2023, 17:00
Legal
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories