UK Can't Use My Credit Card to Bet at Online Casino
Soon if you are playing with an online casino licensed by the United Kingdom, your credit card will no longer go through.
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Customers will be limited to using their debit cards to prevent them from overextending themselves. E-wallets, payment services such as PayPal will probably be included in the ban, according to YogoNet.
The United Kingdom Gambling Commission (UKGC) is expected to announce the new rules as early as Tuesday.
In the US some credit card-issuing banks will not permit gambling with their cards but a good chunk of them do go through. Payouts for online gambling have long been prohibited in the States.
- Aaron Goldstein, Gambling911.com