Report
Prohibition of gambling on credit cards
This report focuses on research conducted around the prohibition of gambling on credit cards
Contents
- Executive summary
- Background and approach
- Methodology and limitations
- Operator Implementation and customer behaviour
- Credit cards and digital wallets
- Deposits prior to the introduction of the ban
- Displacement to other high-cost credit sources
- Displacement to illegal sources of funds
- Bypassing the ban through other behaviours
- Displacement to unlicensed gambling sites
- Inconvenience to leisure gamblers
- Conclusions and next steps
- Appendices
Displacement to unlicensed gambling sites
- Metric
- Gamblers aren’t displaced to unlicensed gambling sites or black market sources
- Concern
- Gambling websites that are not licensed to operate in Great Britain may accept credit cards but put customers at higher risk as they will not offer the same protections as the regulated market
- Assessment
- We have not identified any displacement to unlicensed websites as a result of the ban
Our sources, which include reported use of unlicensed websites in GB, have not identified any displacement to black market sources as a result of the credit card ban, although the motivations of the individual for gambling with an unlicensed operator are rarely known.
The rate of reports we have received has remained stable throughout the period that the ban was introduced, although consumers are unlikely to report behaviours to us if they have knowingly sought out an unregulated operator.
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Prohibition of gambling on credit cards - Inconvenience to leisure gamblers
Last updated: 2 November 2021
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