Australia has launched a brand new measure banning using bank cards for on-line playing, aiming to be certain that gamers solely gamble with their very own cash. This vital change has been within the works since 2021, with Responsible Wagering Australia (RWA) and its members taking part in a vital position in advocating for and creating this ban alongside the Commonwealth Government and the monetary providers trade.
Industry Support for the Ban
Responsible Wagering Australia CEO Kai Cantwell expressed the significance of this measure, emphasizing that it helps people handle their playing extra successfully. “This is an important measure to protect customers, making it easier for people to stay in control of their own gambling behaviour,” Mr. Cantwell acknowledged. He highlighted that this ban enhances the prevailing suite of safer playing instruments offered by RWA members.
Cantwell additionally identified the necessity for uniform shopper safety measures throughout all types of playing. “RWA and its members support the extension of this measure to all forms of gambling that have been exempted from the ban such as lotteries and keno. If consumer protection measures aren’t consistent across all forms of gambling, it will incentivize vulnerable Australians to move to less-regulated types of gambling, where they are more at risk of harm.”
Enhanced Consumer Protection Tools
RWA members are dedicated to guaranteeing that playing is performed safely and responsibly. They supply quite a lot of instruments to assist customers handle their playing actions extra successfully. Many of those instruments have been built-in into the National Consumer Protection Framework (NCPF) by the Commonwealth Government.
Cantwell famous the importance of the NCPF in sustaining a protected playing setting. “The NCPF is expected to be evaluated shortly and we look forward to engaging in this process to ensure that consumer protection tools are fit-for-purpose and support a safe and sustainable regulated gambling environment,” he added.
This bank card ban marks a vital step in defending Australian shoppers from the potential harms of playing by stopping using borrowed cash for such actions. It underscores the dedication of each the federal government and the trade to foster a safer and extra regulated playing setting.
Source: “Australia Enforces Credit Card Ban for Online Gambling”, European Gaming, June 12, 2024.
