{"id":777016318,"date":"2024-06-11T10:40:24","date_gmt":"2024-06-11T13:40:24","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777016318"},"modified":"2026-04-22T09:16:12","modified_gmt":"2026-04-22T12:16:12","slug":"australian-online-gambling-credit-card-ban-enters-force","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/australian-online-gambling-credit-card-ban-enters-force","title":{"rendered":"Australian online gambling credit card ban enters force"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The bill was approved last December.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Australia.- The government of Australia has today (June 11) announced the implementation of the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 which <a href=\"https:\/\/focusgn.com\/asia-pacific\/australian-senate-approves-credit-card-ban-for-online-gambling\" target=\"_blank\" rel=\"noreferrer noopener\">was approved last December<\/a> and prohibits the use of credit cards for online gambling. The government had given a six-month transition period to allow the industry to prepare for the ban. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From today, companies failing to enforce the ban could face fines of up to <strong>AU$234,750<\/strong>. The new legislation broadens the powers of the Australian Communications and Media Authority to allow enforcement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Communications minister<strong> Michelle Rowland<\/strong> said: \u201cAustralians should not be gambling with money they do not have. Last year, the Albanese Labor Government committed to banning credit cards for online wagering \u2013 and we\u2019ve delivered.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis ban builds on the significant progress to minimise gambling harm that the Albanese Government has made over the past two years, which is already benefitting thousands of vulnerable Australians. Our commitment to ensuring that gambling takes place within a robust legislative framework with strong consumer protections remains steadfast, and we will have more to announce in due course.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Social services minister, <strong>Amanda Rishworth MP<\/strong>, added: \u201cOur Government takes seriously our responsibility to prevent and reduce harm from online wagering. Our ban on credit cards will help with this goal. You can\u2019t use your credit card to place a bet for land-based gambling and now the the same rules apply to online gambling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI am proud of the steps we have taken so far to protect vulnerable Australians but recognise there is still much to do \u2013 and we will keep working to create a safer environment for Australians at risk of gambling harm.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government is currently <a href=\"https:\/\/focusgn.com\/asia-pacific\/australian-house-committee-recommends-total-ban-on-ads-for-online-gambling\" target=\"_blank\" rel=\"noreferrer noopener\">examining the 31 recommendations<\/a> from the House of Representatives Standing Committee on Social Policy and Legal Affairs inquiry. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bill was approved last December.<\/p>\n","protected":false},"author":176,"featured_media":777013070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Australia has officially implemented the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023, effective June 11, prohibiting the use of credit cards for online wagering. This legislation, which includes significant penalties for non-compliance and enhanced enforcement powers for the Australian Communications and Media Authority (ACMA), aims to minimize gambling harm by preventing consumers from betting with borrowed funds. The government underscores its commitment to robust legislative frameworks and consumer protections within the iGaming sector.","focusai_entities":"Australian Communications and Media Authority, Michelle Rowland, Albanese Labor Government, Amanda Rishworth MP, House of Representatives Standing Committee on Social Policy and Legal Affairs","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), affiliate_publisher (0.7), product_ux (0.9), tech_data (0.85), marketing_crm (0.75), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Payment Method Shift?","query":"What specific alternative payment methods are demonstrating increased adoption rates among Australian online wagering consumers following the credit card ban, and what is the projected impact on transaction volumes and operator payment processing costs?"},{"label":"GGR & NGR Impact?","query":"What is the anticipated quantitative impact on Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) for licensed Australian online wagering operators in the immediate and medium term, considering this payment restriction?"}],"footnotes":""},"categories":[16336,156,158],"tags":[23911,4138],"class_list":["post-777016318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","category-slider-home","tag-gambling-regulation","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016318","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777016318"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016318\/revisions"}],"predecessor-version":[{"id":777016342,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016318\/revisions\/777016342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777013070"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}