AU Reconsiders the Use of Credit Cards for Online Casino Payments

Credit and debit cards are a few of the most popular payment options that are accepted generally in most casinos for players from Australia. Easily obtainable, credit and debit cards give players a convenient and comfortable means of depositing and withdrawing funds in the casino. Also, the use of the cards features friendly limits with deposits starting at AUD 10 and significantly more than AUD 2, 000 for the utmost withdrawal in casinos. Here is the main reason why they are preferred payment options for many AU players. However , the recent policy pronouncements of the AU government and its own regulator will change the way players play and deposit using credit and debit cards. The country’s regulator is currently taking a look at options and today consider banning the usage of bank cards when playing at on the web casinos. This is on the basis of the current decision of a major casino operator to work from Malta and the decision of the country’s Department of Internal Affairs to review the gambling laws to make sure that these are still applicable.

Reducing Harm by Banning Credit Card Use

Under current laws, the state-managed lotto operations and TAB are the operators that get to offer online gaming services within the nation. Other on line casinos accept players from AU but these are not operating from within the nation. These casino platforms are licensed and regulated in other jurisdictions like Malta. However , the gaming landscape in AU is about to change with the entry of another operator that has teamed up with a Malta gaming company to offer on line gaming services.

The details of the new possible policy aren't yet available but this really is seen by many as a way to reduce problem gambling. According with a of its supporters, the proposed measure will help AU players manage their expenses online especially in websites and gambling platforms which are not regulated by the state authorities.

Gambling Commissions Also Looking Into Regulating the Use of Credit Cards

This announcement from the united kingdom government follows the announcement of the Gambling Commission (UK) to review the utilization of credit cards. According to the UK regulatory agency, it plans to carry a 12-week consultative meeting starting this August to explore the chance of banning the use of cards when playing online casino games. Also, the announcement follows your choice of just one bank in Australia that ordered the blocking of transactions categorized under gambling. It is widely speculated that other banks might follow suit.

Currently, charge cards remain popularly used by players from Australia. The state-managed lotto has a spending limit for players but it allows players to use their charge cards when purchasing tickets over-the-counter or on line. Also, betting on horses in AU is allowed using charge cards.

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