Gambling on credit cards could be banned in overhaul of betting

Industry watchdog to call for evidence on move that would affect billions of pounds of bets a year

The government is considering banning the use of credit cards in gambling – a move that would affect billions of pounds worth of bets a year.

The culture secretary, Jeremy Wright, said he would haul bookmakers and major retail banks into meetings to discuss concerns that up to 20% of deposits with some gambling firms are made using money that consumers do not actually have.

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Source: The Guardian
Gambling on credit cards could be banned in overhaul of betting