Federal government to ban credit card use for online gambling to prevent people betting money ‘they don’t have’

Friday, April 28, 2023 2:53 PM
  • Patrick Staveley, Sky News

Credit cards are set to be banned from online gambling in a legislative amendment to be introduced later this year.

Australian licensed gambling services will come into line with land-based gambling which already have bans on credit cards in place.

Minister for Communications Michelle Rowland and Minister for Social Services Amanda Rishworth jointly announced the ban on Friday.

“Here the message is simple. People should not be betting with money they don’t have,” Ms Rowland said.

“We know that 15-20 per cent of online wagering is currently done with credit cards and at the same time we know that it’s that cohort which is the most susceptible, the most vulnerable to greater harms that arise from gambling.”