UK may ban credit card deposits at online casinos

UK Gambling Commission may ban credit card deposits to customer accounts 675онлайн-казино. The agency fears that the use of credit cards may harm dependent players.

According to the regulator, making deposits from credit cards leads to an increase in the number of debtors. Now the commission is studying the statistics and is consulting with financial institutions on this issue. A final decision is expected to be made in early November.

The agency has already received comments from 110 market participants related to online casino payments. Despite this, gambling commission officials say they cannot track the flow of funds in detail. Now the organization plans to contact representatives of major payment systems and request detailed reports on gamblers' transactions.

In 2018, Russian banks partially limited the ability to replenish user accounts in online casinos using bank cards.

As Sberbank representatives explained, the legal ban applies to transfers to foreign companies engaged in gambling activities . VTB, Tinkoff and other major Russian banks also openly announced blocking transactions to casinos.

In addition, in January 2019, the Federal Tax Service banned banks from making transfers to specific online casinos from the register of banned sites. 696

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Richard "Bose" Bosworth is the main partner and CEO of the young company JC Hospitality, LLC ...
Position: Author of analytical materials Higher education Age: 24 years old Experience: more than 5 years Brief biography: Born on March 24, 1997 in the city of Volkhov, Leningrad Region. In 2015, he successfully graduated from secondary school, after which he entered the Faculty of Mechanics and Mathematics...
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