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Jeremy Wright warns banks and bookies on credit card gambling

Jeremy Wright warns banks and bookies on credit card gamblingReading Time: 1 minute

 

The Culture Secretary, Jeremy Wright warns bookies and banks to crack down on credit card gambling or face seeing it banned.

Gambling Commission review will be held on whether using credit cards to make online deposits deepens debt and addictions, next month.

Mr Wright said last night: “Protecting people from the risks of gambling related harm is vital and all businesses with connections to gambling – be that bookmakers, social media platforms or banks – must be socially responsible.”

“The government will not hesitate to act if businesses don’t continue to make progress in this area and do all they can to ensure vulnerable people are protected.”

Other action by ministers could include imposing a daily or weekly limit on how much can be taken off credit cards to gamble.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Jeremy Wright warns banks and bookies on credit card gambling

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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