{"id":1404,"date":"2019-12-09T14:22:45","date_gmt":"2019-12-09T14:22:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=1404"},"modified":"2026-04-24T09:34:28","modified_gmt":"2026-04-24T12:34:28","slug":"banks-australia-credit-gambling","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/banks-australia-credit-gambling","title":{"rendered":"Banks in Australia could block credit gambling"},"content":{"rendered":"\n

An association that backs banks in Australia said that the entities could ban or limit the use of credit cards for online gambling.<\/p>\n\n\n\n\n\n\n\n

Australia.- The use of credit cards to gamble online could be restricted or banned in Australia after an association launched a public consultation on the internet. The Australian Banking Association believes it has a responsibility in helping tackle problem gambling.<\/p>\n\n\n\n

The association\u2019s CEO, Anna Bligh, said that banks have an important role in making sure that problem gambling is tackled, and that\u2019s why they\u2019re seeking feedback from the community,\u00a09news\u00a0reported.<\/p>\n\n\n\n

\u201cFor many Australians gambling is a form of entertainment and recreation, however for some it can become a problem that potentially has a devastating consequence for the individual and their family,\u201d Bligh said in a statement on Thursday. \u201cAs an industry, we are currently assessing a number of options to help tackle problem gambling,\u201d she added.<\/p>\n\n\n\n

The association launched a consultation on paper yesterday and aims to collect community views on the risks of gambling online while using credit cards. It also seeks views on what restrictions could be implemented.<\/p>\n\n\n\n

Australia to legislate self-exclusion register<\/strong><\/h4>\n\n\n\n

The Australian government has announced that it will legislate an online National Self-Exclusion Register. The register<\/em><\/strong><\/a> will allow people to ban themselves from all online gambling sites and apps.<\/p>\n\n\n\n

Anne Ruston, Minister for Families and Social Services, said that the register is a key measure within the first National Consumer Protection Framework for online wagering in Australia. \u201cAs much as possible Government policy should preserve Australians\u2019 ability to enjoy a punt while putting in place sensible and targeted measures to prevent and support gamblers facing significant risks of harm,\u201d Minister Ruston said.<\/p>\n\n\n\n

The National Self-Exclusion Register allows individuals to ban themselves from using all interactive wagering services across state boundaries for a period ranging from three months o permanently. \u201cIt is a measure that we believe will motivate gamblers to have periods where they do not gamble online at all as a way of changing their behaviour and minimising the risk they face of gambling-related harm.\u201d<\/p>\n\n\n\n

All costs to set up and administer the Register will be recovered from interactive wagering providers to ensure they contribute their fair share and encourage them to provide safe environments for their customers, explained a media release from the government. Upon registration for self-exclusion, all funds held in a consumer\u2019s active accounts must be returned to that consumer once all wagers\/bets are settled and the account must then be closed.

<\/p>\n","protected":false},"excerpt":{"rendered":"

An association that backs banks in Australia said that the entities could ban or limit the use of credit cards for online gambling.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Australian Banking Association is initiating a public consultation on potentially restricting or banning credit card use for online gambling, citing a commitment to addressing problem gambling. Concurrently, the Australian government is legislating a National Self-Exclusion Register, enabling individuals to ban themselves from all online wagering services, with associated costs to be recovered from interactive wagering providers.","focusai_entities":"Australian Banking Association, Anna Bligh, Australian government, Anne Ruston","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.97), operator_casino (0.98), affiliate_publisher (0.75), product_ux (0.85), tech_data (0.88), marketing_crm (0.8), payments_fraud_aml (0.97), investor_analyst (0.92), supplier_vendor (0.85), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Credit Card Ban Impact","query":"What is the projected GGR\/NGR impact for major Australian interactive wagering operators if a full credit card ban for online gambling is implemented, and what alternative payment methods are being prioritized?"},{"label":"Self-Exclusion Register Costs","query":"How will the costs recovered from interactive wagering providers for the National Self-Exclusion Register be calculated and administered, and what is the estimated annual financial burden per operator?"}],"footnotes":""},"categories":[16336,154],"tags":[289,337],"class_list":["post-1404","post","type-post","status-publish","format-standard","hentry","category-australasia-news","category-legislation-news","tag-australia","tag-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=1404"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1404\/revisions"}],"predecessor-version":[{"id":21826,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1404\/revisions\/21826"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=1404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=1404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=1404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}