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Gambling Online With Credit Cards and Digital Currency Now Banned in Australia

Communications Minister Michelle Rowland said Australians ’should not be gambling with money they do not have.’
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Gambling Online With Credit Cards and Digital Currency Now Banned in Australia
A man poses for a photograph with the logo for online gambling website Bet365 displayed on a smartphone, in London, on Dec. 18, 2019. Paul Ellis/AFP via Getty Images
Monica O’Shea
By Monica O’Shea
6/11/2024Updated: 6/18/2024
0:00

A new law that bans Australians from using credit cards and digital currency to gamble online has come into force.

Fines of up to $234,750 (US$155,000) also can apply to companies that fail to enforce this ban on credit cards, credit-related products, and digital currencies.

Monica O’Shea
Monica O’Shea
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Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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Australia
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