The Land Down Under has made a significant stride in tackling problematic wagering by prohibiting the utilization of credit cards for internet-based betting. This momentous choice, lauded by proponents of responsible gaming, seeks to sever a substantial financial artery for hazardous betting tendencies and foster a more harmonious relationship with gambling.
The leader of Responsible Wagering Australia (RWA), Kay Cantwell, applauded the measure, emphasizing its capacity to safeguard individuals and their families from the detrimental effects of immoderate gambling. This fresh legislation supplements existing instruments provided by RWA members, such as safer gambling account management functionalities, which empower individuals to oversee their expenditures and maintain control.
Nevertheless, Cantwell also voiced apprehension that the prohibition does not encompass all gambling modalities, specifically referencing lottery and keno. This exclusion is particularly troubling considering the prevalence of lottery, especially amongst lower-income demographics.
The RWA has played a pivotal role in advocating for this credit card ban, collaborating closely with governmental bodies and financial establishments since 2021. Their dedication to mitigating gambling-related harm is further demonstrated by initiatives like the Responsible Gambling Awareness Week, jointly organized with New South Wales in October 2023, which sought to elevate awareness regarding responsible gambling practices and accessible support services.
The gaming sector in Australia is expressing concern over the increasing number of international gambling businesses operating outside of the nation’s legal framework. These firms, they contend, are evading taxes and jeopardizing Australian gamblers by circumventing consumer safeguards.
This development coincides with Australia’s ongoing struggle to address the difficulties presented by unauthorized online gambling. These unregulated entities are not only depriving the government of tax income but also leaving players susceptible to harm. As an example, the Australian Communications and Media Authority (ACMA) was recently compelled to intervene and issue a formal caution to Best Bookies Price Pty Ltd for providing online gambling services without the necessary permits.
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