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.’
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
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
Author
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]
