The Australian government has banned its users from indulging in online gambling, imposing fines of up to AU$234,750 on platforms that accept credit cards or crypto from users going forward. While this regulation will affect most forms of online gambling, some, like online lotteries and keno, will remain unbanned. The move comes as a way...
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Australia Enforces Credit Card Ban for Online Gambling
Reading Time: 3 minutes National Rugby League (NRL) club Cronulla-Sutherland Sharks recently announced that the exclusive naming rights to their stadium will be up for grabs at the end of the year. The stadium is currently named after PointsBet, but the sports betting company has confirmed they will not be extending their sponsorship when it...
Australia Bans Use Of Crypto For Online Gambling
The Australian government has cracked down on online gambling by banning crypto and credit card use for online bets. The measure comes as an effort to reduce investors’ losses in the country. Australian Gov’t Bans Use Of Crypto In Online Gambling On Monday, The Canberra Times reported that Australians are prohibited from using cryptocurrencies and...
SkyCity faces possible temporary suspension of NZ casino licence
The review will look into SkyCity’s operations and if it is suitable to hold a casino licence. Photo: RNZ / Marika Khabazi Regulatory worries are set to continue for casino operator SkyCity, with the resumption of an independent review into the suitability of its Adelaide casino licence. The review was launched in 2022 but was...
Australia Cuts Off Crypto and Credit Cards for Online Gambling
In a significant move to curb financial risks associated with online betting, the Australian government has officially banned the use of cryptocurrencies and credit cards on digital gambling platforms. This measure, effective from June 11, was reported by The Canberra Times and extends to credit sources linked to digital wallets, such as Bitcoin and other...
Australia implements credit card ban for online gambling
Australia has officially prohibited the use of credit cards and similar products for online gambling through the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023. The bill, which amends the Interactive Gambling Act 2001, received parliamentary approval late last year and recently came into full effect following a six-month transition period. The ban, which...
Australian online gambling credit card ban enters force
The bill was approved last December. Australia.- The government of Australia has today (June 11) announced the implementation of the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 which was approved last December and prohibits the use of credit cards for online gambling. The government had given a six-month transition period to allow the...
No More Betting With Crypto on Australian Gambling Sites, Says Regulator – Decrypt
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Push has come to shove on the Australian government’s ban on gambling sites accepting crypto and credit cards. The government announced...
Australia credit card gambling ban comes into effect
A ban on gambling with credit cards, other credit-related products and digital currencies in Australia has officially come into effect from today (11 June). Previously, players in Australia have been able to fund gambling using a credit card or other, similar products. However, the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023, which was introduced last September,...
Australia implements sweeping ban on credit and crypto for online betting
The Australian government is banning the use of credit cards and cryptocurrencies for online betting in its latest bid to mitigate gambling problems troubling the nation. According to a local report on June 11, the ban extends to credit cards linked to digital wallets, cryptocurrencies like Bitcoin, and any other novel forms of credit. This...
Aucasinoslist: Review of Best Online Casino Australia Sites
The demand for high-quality and licensed casinos in Australia is only growing now. Our experts have prepared a special review of the best casinos in Australia with a wide selection of games, fast transactions and exclusive bonuses. In this detailed guide, we will explore Aucasinoslist best online casinos and their payment methods, provide expert advice,...
From today, you can’t use credit cards to make deposits to gambling websites in Australia
Online gamblers will no longer be able to use credit cards for wagering, as new regulations come into force today. It has been six months since the new laws were passed through parliament to bring online gambling in line with in-person gambling and ban punters from using credit cards. Companies who fail to enforce the...