[AusRace] Nanny State - again

[L.B.Loveday]

Bank industry aims to curb credit gambling

*	By Colin Brinsden
*	Australian Associated Press
*	An hour ago December 5, 2019

Banks could ban or limit the use of credit cards for online gambling after
launching a public consultation on internet betting.

The Australian Banking Association CEO Anna Bligh says the banks have an
important role to play in helping tackle the issue of problem gambling and
are seeking feedback from the community.

"For many Australians gambling is a form of entertainment and recreation,
however for some it can become a problem that potentially has devastating
consequence for the individual and their family," Ms Bligh said in a
statement on Thursday.

"As an industry we are currently assessing a number of options to help
tackle problem gambling."

The ABA launched a consultation paper on Thursday, seeking community views
on the risks of gambling on credit and what restrictions could be imposed.

The initiative comes as the federal government passed legislation enabling
problem gamblers to ban themselves from online gambling sites.

The legislation creates a register for punters to opt-out for three months
or permanently.

Gambling websites that fail to promote the register could face penalties.

Upon registration for self-exclusion, all money in a person's active
accounts must be returned once all bets are settled.

The account must then be closed.

The Australian Communications and Media Authority would be responsible for
implementing the register.

 

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