Credit Cards Ban in Casinos: Advantages for Players

The Gambling Commission of the United Kingdom banned credit card usage in casinos for gambling and betting. The ban was effective from the 14th of April 2020. The ban affected all UKGC licensed gambling sites, except credit card casinos that are based outside the United Kingdom. UKGC licensed sites are regulated by the commission, preventing fraudulent activities and offering high-quality SSL encrypted security.

According to the Chief Executive of the Gambling Commission, this ban should reduce risks and financial harm to credit card users. The ban is hoped to improve the situation of addictive gambling by restricting credit card usage that offers unlimited funds to the users.

Reason for The Ban
In a report, it was revealed that 22 percent of gamblers use a credit card to pay off their gambling debts. Moreover, UK finance estimated that out of 10.5 million online gamblers, 800,000 use credit cards to clear the debt.

Source: https://honknews.com/credit-cards-ban-in-casinos-advantages-for-players/69573/