The new invoice, which the federal authorities will introduce to parliament right now, will search to ban the usage of bank cards and credit score associated merchandise, together with digital currencies, used for on-line wagering.
It follows the federal government’s current launch of BetStop, a self-exclusion register for individuals who want to lower themselves off from on-line playing.
The new invoice may also permit the federal Communications Minister to ban different credit-related merchandise which may develop sooner or later.
Penalties of as much as $234,750 might apply for any breaches.
Businesses, and on-line bettors, will likely be given a six-month transition interval to alter their business and betting behaviours.
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Credit playing cards are already dominated out of “land-based” playing.
“It’s as simple as this: people should not be betting with money they do not have,” Communications Minister Michelle Rowland stated.
“Legislating a ban on the use of credit cards for online gambling will help to protect vulnerable Australians and their loved ones.”
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Source: www.9news.com.au
