UK DCMS to probe wagering on credit

News on 14 Jan 2019

UK Department of Digital, Culture, Media and Sport (DCMS) secretary of state Jeremy Wright is calling for a review on wagering on credit  by the UK Gambling Commission (UKGC), local media reported over the weekend.

“We should also ask if it is right that people should be able to gamble on credit and this is an area that the Gambling Commission are going to look into,” Wright said.

The issue of credit card gambling has been swirling for some time with a Government review recommending a ban on the practice this time last year where the DCMS called for Ministers to introduce concrete measures.

GambleAware and Citizens’ Advice said at the time allowing gambling on credit “significantly increases the risk gamblers will gamble more than they can afford”.

In related news, the UKGC will introduce more stringent ID verification requirements to ensure self-excluded gamblers cannot bypass the system.

The UK’s MOSES and GAMSTOP self-exclusion schemes were under fire this past week following investigations by local media on how problem gamblers are able to bypass the system’s with relative ease.

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