Credit card used for paying online gambling ban by the Authorities in the field.
The New Zealand Department of Internal Affairs (DIA), which acts as the gambling regulatory body in the country, is planning to implement a ban on the use of credit cards for online gambling, local media reports.
The DIA in July said it was also looking at ways to minimize harm for gambling, which included examining whether a ban on the use of credit card would be effective and launched a public consultation.
According to the New Zealand Times, the department now plans to carry out the ban.
New Zealand’s largest operator, SkyCity Entertainment Group, in August said its online gaming website is now up and running for New Zealand players. The website is operated through its subsidiary SkyCity Malta Ltd.
There are already a number of illegal online sites available to New Zealanders who are estimated to invest about NZ$160 million (US$110 million) a year.
Stay with Casino Life & Business Magazine for more news from the world of gambling!
News about gambling industry can be found HERE.
DON’T FORGET to subscribe to the Casino Life & Business Magazine TV Channel from Youtube right from HERE!
Source: cdcgamingreports.com
