Labor has announced it will begin to take steps to make it illegal for
\nbetting companies to allow people to use credit cards when gambling online. Key points:The legislation to implement the ban will be introduced to
\nparliament later this yearThe ban would not apply to lotteriesA 2019 survey
\nfound 81 per cent of people supported some kind of credit card banThe government says the decision will bring online gambling into line with
\nother services where credit cards are not allowed.While there is no firm date for when the ban will come into place just yet,
\nLabor says it plans to introduce legislation to parliament later this year.It will now consult with industry groups and other stakeholders about draft
\nlegislation and how the ban will actually be implemented.The government’s plan is to use the same system rolled out in Australian
\ncasinos to prevent credit card withdrawals from ATMs where bank
\nidentification numbers (BINs) are used to identify and then block credit
\ncard payments. The ban was one of the recommendations from a 2021 parliamentary committee
\ninquiry that looked at the regulation of credit cards and digital wallets
\nbeing used for online gambling.Betting app addicts speak upGambling rates are falling in Australia, but
\nonline betting apps are bucking the trend. Read moreThe report acknowledged that while the proportion of people using credit
\ncards for online gambling might be low, the harm caused could be
\n“significant and life changing”.”This committee also notes that the industry peak body for online wagering,
\nResponsible Wagering Australia, now supports a ban and Tabcorp did not
\noppose a ban on the use of credit for online gambling,” it said at the time.Lottery services will be excluded from the ban, which is also in line with
\nthe committee’s recommendations, as the government says they present a low
\nrisk of gambling harm.Ban designed to minimise harmMinister for Communications Michelle Rowland and Minister for Social
\nServices Amanda Rishworth said the move was in line with community
\nexpectations given there was widespread support to ban credit cards for
\nonline gambling.They pointed to a 2019 survey commissioned by the Australian Banking
\nAssociation which found 81 per cent of those surveyed agreed credit cards
\nshould be restricted or banned in some way. Ms Rowland said the decision was in line with the government’s priority to
\nprotect Australians from problem gambling.”It’s as simple as this: People should not be betting with money they do
\nnot have,” she said.”Legislating a ban on the use of credit cards for online gambling will help
\nprotect vulnerable Australians and their loved ones.”Ms Rishworth echoed Ms Rowland’s sentiment, saying it was an area the
\ngovernment was making sure it took action in.”We’ve implemented new taglines, we’re introducing BetStop, and now with
\nthis latest measure we’re taking further action to help Australians who are
\nvulnerable to harmful online wagering,” she said.The ministers also said the government would take further advice on the
\nissue once another current parliamentary inquiry into online gambling had
\nreported back.<\/p>\n","protected":false},"excerpt":{"rendered":"
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