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Topic: Australia will ban Gambling through credit cards - page 7. (Read 910 times)

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Is this bill means that Australia is going to ban online gambling because if people can't use a credit card or crypto, how will they do online gambling?

If there's still some physical casino that operates on the vicinity then it clearly shows that they arent still banning gambling all in all, they are really just trying to get rid of that problem considering that they are losing billions

of dollars and its not shocking that digital crypto payments would really be that included. They could really completely be able to apply it or done such thing considering that banks are really that abiding governments laws and regulations on which every spend or outgoing transactions made out by a  specific card holder could really be traced out on where they had been able to make use of their cards.So if they do included crypto then
crypto purchases would really be definitely be imposing such questions on where those funds would really be that be used which means that crypto purchases might be at risks on being banned too.

Totally not shocking if we do speak about huge spending when it comes to gambling. It did really just turn out that Austrialian government attention had been poked up because numbers
did really reach out of control.
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Australia is looking to ban credit card usage in online gambling. The reason they give is that Australia loses 25 billion dollars only in gambling in a year. That is a big amount indeed.

Although the title says, the ban of credit cards but when you read the actual news it says that they will ban crypto usage in online gambling too.

Quote
The Bill, set to be introduced to federal parliament on Wednesday, will illegalise the use of credit cards and digital currencies in online wagering and slap fines up to $234,750 on companies that don’t enforce the ban.

Is this bill means that Australia is going to ban online gambling because if people can't use a credit card or crypto, how will they do online gambling?

More Reading:-
Australia to ban the use of credits cards in online gambling
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