UKGC Announced Credit Card Ban for Online Gambling Transactions as of April 14th, 2020

UKGC Announced Credit Card Ban for Online Gambling Transactions as of April 14th, 2020

The gambling regulatory body of the UK has officially confirmed that credit cards would no longer be allowed to be used for gambling transactions as of April 2020. The decision follows the calls for stricter regime in the online gambling sector that have been made by charity organisations and other anti-gambling campaigners. The move that was announced by the UK Gambling Commission (UKGC) after a number of reviews is also aimed at tackling rising problem gambling rates and ensuring better protection for the most vulnerable members of society, including compulsive…

Read More

Why More and More Online Gambling Companies Exit the UK Market?

Why More and More Online Gambling Companies Exit the UK Market?

The last couple of years have been challenging for the UK gambling market and the companies that offer their services there. Regulatory and political turmoil has shaken the sector and has made some operators lose interest to further expansion there, with some of them even leaving the UK for more prominent markets. The UK gambling sector has always been earmarked as a safe and well-regulated destination for gambling companies to offer their services. These qualities have been considered major advantages by the operators to invest their efforts into bolstering their…

Read More