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New Zealand to Ban the Use of Credit Cards for Online Gambling

New Zealand to Ban the Use of Credit Cards for Online GamblingReading Time: 1 minute

 

The New Zealand Department of Internal Affairs is planning to ban the use of credit cards for online gambling. The plan for a ban emerged after the local casino operator SKYCITY Entertainment’s plan to launch online gambling in the country.

Currently, TAB and the state-run Lotto are the only entities authorised to offer online gambling products to the Kiwis.

Skycity partnered with a Malta-based gambling operator to offer online gambling services in New Zealand. The gambling services would be provided by its Malta-based subsidiary company SkyCity Malta.

Experts said that it is the potential launch of SkyCity’s online gambling operations in the country that has prompted the gambling watchdog to consider banning gambling with credit cards.


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: New Zealand to Ban the Use of Credit Cards for Online 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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