UK Gambling Regulator Bans Credit Card Gambling
Earlier this week, the United Kingdom Gambling Commission (UKGC) announced its plans to impose a ban on the use of credit cards for both retail and online gambling. The ban which is supposed to take effect on April 14 applies to all forms of gambling except for over-the-counter National Lottery tickets that are usually sold by newsagents and at lottery stores. According to Neil McArthur, CEO of the Gambling Commission, credit card gambling has the potential to cause significant financial harm to whoever uses them to gamble. By imposing a ban on the use of these cards for gambling...
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