UK bans credit cards for online poker, other gambling

UK Gambling Commission

Online poker players and gamblers in the United Kingdom who currently fund their accounts with Visa or Master Card will need to find a new funding method.

Earlier this week the UK Gambling Commission released new regulations that would make it illegal for online gambling deposits to be made with credit cards.

The ban will come into effect on April 14, 2020. According to the Gambling Commission then ban is being implemented to reduce problem gambling.

Neil McArthur, chief executive of the Gambling Commission said in a release, “Credit card gambling can lead to significant financial harm. The ban that we have announced today should minimize the risks of harm to consumers from gambling with money they do not have.”

The ban will apply to all online and offline gambling offerings in the UK. The only exemption is being given to lotteries run by charities and non-profits.

Some stats provided by the Gambling Commission appear to back up their claims that deposited by credit card are harmful for problem gamblers. An estimated 24 million people in the UK gamble, with 10.5 million of them gambling online.

From those who use credit cards to fund their online gambling accounts, 22 percent are classified as problem gamblers.

For those online poker players in the UK that are used to funding their online bankroll with their credit card there are several other funding options depending on your preferred poker room.

A few of those options include Skrill, Neteller, and Webmoney. Many online poker rooms also allow deposits and withdrawals using cryptocurrency.

Poker News
DOJ wire act
24 Jun 2021
It looks like the long saga of the Wire Act potentially killing interstate online poker is over. Interstate poker officially became legal again earlier this week after the Department of Justice declined to appeal the decision in a lawsuit between the DOJ and the New Hampshire Lottery. The DOJ had until June 21 to file
UK's Poker Sector Just 5% of Online Gambling Market
27 Oct 2020
A major outage by GeoComply last Thursday left several online poker players with nowhere to play. GeoComply is a geolocation surface used by most online poker sites in the US. It determines where players are physically located which online poker sites need to know so ensure only legal players are using their sites. When GeoComply
pennsylvania online poker
23 Jul 2019
Previous reports that stated online poker would launch in the state of Pennsylvania on July 15 have proven to be wrong. July 15th came and went last week and no online poker rooms went live in the Keystone State. Nearly two years have passed since Pennsylvania Governor Tom Wolf legalized online gambling in the state.
Kentucky online poker bill
28 Mar 2019
Any chances of legalizing Kentucky online poker – or other forms of online gambling in the state – appear to be dead for 2019. Bill HB175 was filed in the Kentucky House of Representatives earlier this year by Rep. Adam Koenig. The bill, if passed would have legalized online poker, sports betting and daily fantasy