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  1. #1
    ddm
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    Default UK Gambling Commission expected to ban Credit Card Deposits

    but people will still be able to degen with debit cards, crypto.


    "The move is aimed at preventing the exploitation of vulnerable customers and problem gamblers.Major betting and gambling websites including PokerStars, Betfair, 888 and Bet365 all currently allow their customers to make deposits online using credit cards, which has led to warnings from campaigners that gamblers risk racking up large debts.
    The UK regulator is expected to unveil a full ban on credit cards being used for online gambling - instead customers will be required to use debit cards to prevent them from betting money which they do not own.
    It is possible that regulators around the world could follow suit." source
    ----

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    If you want to play, nothing can stop you. There are zillions of options to play and bet.

    Just take a look at Turkey. There you can not deposit with CC and DC and they play like crazy. Jeton, Ecopazy and Paypara and many more methods to come.
    Seven times fall, eight times stand.

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    seems I need a Turkish content writer too ...

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    you will need also other staff, because turks are the most active website blockers on planet imo
    one day you are kind, second day visitors see just some court result on your webpage / on webpage of bookies
    people are used to deal with proxies/vpns but only on merchant websites, less on affiliate portals, where the turks are not even identified as turks via IP address
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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    Nanny state and an organization that doesn't even care about gambling affiliates being robbed of their money.

  9. #6
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    Couple months ago there was an article saying the opposite, that debit cards will be banned but credit cards will still be used. Now it's the other way around.

    Are there other sources on these writeups?
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  10. #7
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    Right here - ukgc website. Posted this morning. Ban comes into place from 14th april.

    https://www.gamblingcommission.gov.u...rom-april-2020


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  12. #8
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    No mention of e wallets though. Was expecting those to be included. Any gambler can just fund ppal with their ccard now?!

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    Quote Originally Posted by casionmark View Post
    No mention of e wallets though. Was expecting those to be included. Any gambler can just fund ppal with their ccard now?!
    Nope, the UKGC is putting the onus on operators to ensure they don't - the wording to be added to the LCCP is "Licensees must not accept payment for gambling by credit card. This includes payments to the licensee made by credit card through a money service business."

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  15. #10
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    I have to admit I fully endorse the banning of credit cards. We are always seeing gamble responsible messages telling us to only gamble with money that we can afford to lose.

    Using a credit card in my eyes is using money that you do not physically own and can only lead to problems further down the line.

    Sure there will be ways around the ban by using other methods of payment where you can just top up using your CC where it will not show up as a gambling purchase on your statement.
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    Quote Originally Posted by BestNewBingoSites View Post
    Nope, the UKGC is putting the onus on operators to ensure they don't - the wording to be added to the LCCP is "Licensees must not accept payment for gambling by credit card. This includes payments to the licensee made by credit card through a money service business."
    Ok. Not sure how an operator would know where the funds in a paypal account came from. Though i guess they will be have to ask a player who is using an e wallet how the funds came to be there.

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    Quote Originally Posted by PromoteCasino View Post
    I have to admit I fully endorse the banning of credit cards. We are always seeing gamble responsible messages telling us to only gamble with money that we can afford to lose.

    Using a credit card in my eyes is using money that you do not physically own and can only lead to problems further down the line.

    Sure there will be ways around the ban by using other methods of payment where you can just top up using your CC where it will not show up as a gambling purchase on your statement.
    So why not just ban the credit card full stop? Surely thats the whole idea of "credit". You borrow money and pay it off...

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    Quote Originally Posted by Madz View Post
    So why not just ban the credit card full stop? Surely thats the whole idea of "credit". You borrow money and pay it off...
    Ban it for gambling full stop absolutely yes. I understand the need for credit and yes most people do not have an issue with managing it.

    But when it comes to using credit for gambling that is another story. Some people who start to use this form of depositing can and do find themselves very quickly in trouble.

    This is what the UKGC is trying to avoid, the fact that 22% of gamblers that are using credit cards are considered to have problems. Of course, the UKGC has ruined the UK market for us affiliates with their rules and all that but if this helps just a few problem gamblers I am all for it.

    I have seen what this kind of problem can cause and what impact it has on other peoples lives.
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    Depends how much you believe in an individual's right to choose. Maybe you think the state knows better.

    It's actually typical Gambling Commission nonsense anyway, because you can simply transfer all of the credit on the card to your bank account and then use a debit card.

  20. #15
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    Quote Originally Posted by PromoteCasino View Post

    This is what the UKGC is trying to avoid, the fact that 22% of gamblers that are using credit cards are considered to have problems. .
    I dont think its 22% of cc depositors have a problem. The stat is ... 22% of all deposits are via cc.

    I think.going forward if someone is depositing large amounts operators must ask where its come from so just transferring from a cc to paypal or a bank account wont be an option. If an operator doesnt pick up on it then they face a large fine.








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    I read it as 22% of online gamblers using credit cards to gamble are classed as problem gamblers
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  22. #17
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    Quote Originally Posted by casionmark View Post
    Right here - ukgc website. Posted this morning. Ban comes into place from 14th april.

    https://www.gamblingcommission.gov.u...rom-april-2020


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    Quote Originally Posted by casionmark View Post
    No mention of e wallets though. Was expecting those to be included. Any gambler can just fund ppal with their ccard now?!

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    Quote Originally Posted by BestNewBingoSites View Post
    Nope, the UKGC is putting the onus on operators to ensure they don't - the wording to be added to the LCCP is "Licensees must not accept payment for gambling by credit card. This includes payments to the licensee made by credit card through a money service business."
    Quote Originally Posted by casionmark View Post
    Ok. Not sure how an operator would know where the funds in a paypal account came from. Though i guess they will be have to ask a player who is using an e wallet how the funds came to be there.

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    I also had the same question about the ewallets.
    Apart from the quote above, there is also the following:

    E-wallets
    3.61 We would remind operators of our position as outlined in the consultation. The condition will impose a responsibility on operators to only accept payments via e-wallets in circumstances where the wallet provider can assure the operator that they can prevent payment for gambling by credit card.
    So looks like that onus will be on the ewallet to police.
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  24. #18
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    Ok so theyre keeping it open for ewallets to still exist as a payment method then.

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  25. #19
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    I'm sure they did some investigations and have more data information about cc and gamblers than we. Like as aff I don't like it, like a adult i definitely support them.

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    More coverage yesterday from Independent:

    Labour MP Carolyn Harris, who has led the campaign to crackdown on gambling companies, said the Gambling Commission was “not fit for purpose”.

    The measures it is set to announce are simply “playing catch up” with proposals that MPs have backed for some time, Ms Harris said.

    People are losing their homes, their dignity. They’ve been able to take out eight, nine, 10 cards and max them all out gambling an obscene amount of money.

    “I think it’s brilliant that this is happening but it should have happened a long time ago. MPs are in the driving seat now.
    “There is a new Gambling Act coming and I think the industry knows it. Legislation is imminent.”

    Among the proposals being put forward by Ms Harris is a maximum bet of 2 on online casinos, a measure that the industry has expressed strong objection to.
    Link to article here: https://www.independent.co.uk/news/b...-a9281956.html

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