#Interactive Gambling Amendment

In a significant move to protect vulnerable Australians from the perils of online gambling, the Australian Labor Party Government is set to introduce legislation that bans the use of credit cards and related financial products for online betting. Under the proposed Interactive Gambling Amendment (Credit and Other Measures) bill, companies that fail…

The Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 seeks to ban credit cards and other credit-related products, as well as digital currencies. Other measures set out in the amendment include fines for operators that do not enforce the ban. Licensees could be fined up to AU$234750 (£120462/€140014/US$150467) for not following…

Bitcoin has faced a great opportunity to enter the AU gambling environment. According to the Australian government's initiatives, crypto gambling needs to be taken under full control. The IGA Amendment Bill was introduced in 2016, but the related changes are in the process of realization and integration until now. The major measures to be discussed…

Australian senators have heard impassioned pleas by financial counsellors and gambling reform groups to ban the use of credit cards for online betting. The use of credit cards for online wagering platforms like Sportsbet could be banned if the proposed Interactive Gambling Amendment (Prohibition on Credit Car Use) Bill 2020 passes. A Senate…

Australian senators have heard impassioned pleas by financial counsellors and gambling reform groups to ban the use of credit cards for online betting. The use of credit cards for online wagering platforms like Sportsbet could be banned if the proposed Interactive Gambling Amendment (Prohibition on Credit Car Use) Bill 2020 passes. A Senate…

The Interactive Gambling Amendment to prohibit the use of credit cards for gambling seems to be on track for passage in the Senate. A committee report is due 8 October, and it will produce data regarding the benefits of banning credit cards for gambling. If all information emerges as anticipated, the Australian Parliament will likely pass the bill…

Online Casino is an online version of a land-based casino where wagers choose a particular game that suits their taste, register then gives their deposit. The good thing about online casinos is the convenience and comfort that it gives to the wager because they can play anytime, anywhere. Computer age brought heights or acmes to people's lifestyle…

The ACT Council of Social Service (ACTCOSS) has made a submission to the Australian Federal Parliament calling on all parties to act to protect Australians from gambling harm by restricting the use of credit cards for online gambling. ACTCOSS and the Canberra Gambling Reform Alliance (CGRA) made this plea through their submissions to the Senate…