The use of credit cards for gambling has been a widely debated issue in recent years. On the surface, banning credit cards in gambling may appear as a protective measure, aiming to prevent players from betting with money they don’t possess. However, experts suggest that the real impact of such a ban is much more complex and may not achieve the desired results in terms of consumer protection. Spain’s Proposal to Follow the UK’s Footsteps: A Ban on Credit Cards The UK made a significant move in 2020 by introducing a ban on credit cards for online gambling, aiming to curb problem gambling. While it was considered a positive step by regulators, research conducted revealed that the success of the measure was only partial. Although the restriction created friction, the report found that it did not substantially alter the gambling behavior of high-risk individuals. In light of the UK’s ban, Spain…Â Read More
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Source: Casino News Daily
