Uniting Church in Australia intervenes in investigation into ban on credit cards in gambling transactions | Examiner

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The United Church of the Tasmanian Synod in Australia has urged the government to move swiftly through legislation to prevent providers of interactive games from directly or indirectly accepting credit card payments. A Senate inquiry was tasked to review the bill and present its final report to Parliament on July 30. The synod’s main social justice advocate, Mark Zirnsak, in an inquiry submission, said a ban on the use of credit cards would benefit those aggrieved by gambling problems and only offer a minor inconvenience to those who have used credit cards to make low value or occasional bets. IN OTHER NEWS: “Online betting companies will still be able to accept payments by debit cards or bank-to-top-up accounts directly from bank accounts,” he said. “Credit card gambling allows people to lose money they don’t have.” People can lose everything they own to online gambling businesses, and then get into more debt by playing by credit card. Tom Callachor, of games company Tabcorp, investigated a Ban on credit cards for online betting would have unintended consequences. The company predicted that the racing industry would lose as much as 40 million dollars per year, which would result in lower tax revenues for states and territories of up to $ 25 million per year. “Credit cards are used as one of the convenient methods for depositing into gambling accounts.” , said Callachor. “The concerns raised relate to the perceived increased risk of problem gambling associated with the use of credit for these deposits. “Tabcorp notes that there are already restrictions on the use of credit cards in certain gaming environments.” What do you think? Send us a letter to the editor:

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