Australia's online gambling curbs credit card payments

Australia's online gambling curbs credit card payments

Blog Article

This change aligns online gambling restrictions with those already in place for in-person betting, following a parliamentary decision made six months ago.

Companies failing to enforce the ban on credit cards, credit-related products, and digital currencies for gambling transactions face hefty fines of up to $234,750.

Additionally, the Australian Communications and Media Authority now has expanded powers to ensure compliance and impose penalties.

This ban is part of a broader government strategy to tackle the problem of casino gambling. Other measures include the introduction of BetStop, a self-exclusion register, and mandatory ID pre-verification for all online gambling accounts. BetStop has already seen 22,000 registrations, reflecting significant public engagement with the initiative.

Communications Minister Michelle Rowland emphasized the importance of responsible gambling, stating, "Australians should not be gambling with money they do not have." She reiterated the government's dedication to maintaining a robust legislative framework for gambling with strong consumer protections, hinting at further announcements to come.

Social Services Minister Amanda Rishworth highlighted the protective nature of the ban, pointing out that the same restrictions have long applied to land-based gambling. "Now the same rules apply for online gambling," she said, aiming to protect vulnerable Australians from potential financial harm.

For those seeking help with gambling-related issues, numerous resources are available. The National Gambling Helpline (1800 858 858) offers free, confidential support 24/7. Additional services include online counseling, state and territory-specific help services, and support for family and friends. Gamblers Anonymous is also accessible for further assistance.