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Australia is looking to ban credit card usage in online gambling. The reason they give is that Australia loses 25 billion dollars only in gambling in a year. That is a big amount indeed.

Although the title says, the ban of credit cards but when you read the actual news it says that they will ban crypto usage in online gambling too.


Is this bill means that Australia is going to ban online gambling because if people can't use a credit card or crypto, how will they do online gambling?

More Reading:-
Australia to ban the use of credits cards in online gambling (https://www.news.com.au/technology/australia-to-ban-the-use-of-credits-cards-in-online-gambling/news-story/ba09ea510f54f1a29ba4175d6a3ba134)

If there's still some physical casino that operates on the vicinity then it clearly shows that they arent still banning gambling all in all, they are really just trying to get rid of that problem considering that they are losing billions

of dollars and its not shocking that digital crypto payments would really be that included. They could really completely be able to apply it or done such thing considering that banks are really that abiding governments laws and regulations on which every spend or outgoing transactions made out by a  specific card holder could really be traced out on where they had been able to make use of their cards.So if they do included crypto then
crypto purchases would really be definitely be imposing such questions on where those funds would really be that be used which means that crypto purchases might be at risks on being banned too.

Totally not shocking if we do speak about huge spending when it comes to gambling. It did really just turn out that Austrialian government attention had been poked up because numbers
did really reach out of control.

My question is If they legislate to ban gambling then what other legislation will they do to establish another recreation for the Australian populace that will have the attributes of gambling but without money. Australia is not part of those countries hitting against gambling.

People have to gamble for different purposes, like relaxation, fun moment to stay out of stress etc and they shouldn't focus on the money they feel are spent on it, moreover it is the individual money and not government money so what is the issue with that?

How are they losing money from that if it's being placed with interest for the people to pay later on and based on the other article I've read it was on a legal form?
Aside from that, this is still a bill so it has to be passed on many readings and proceedings before it finally becomes a law. And if it becomes a law those who are noncompliant, with this is the fine that they'll have to pay.
Australia to ban credit card use in online gambling, non-compliers to face fines up to $150K (https://www.yogonet.com/international/news/2023/09/13/68743-australia-to-ban-credit-card-use-in-online-gambling-noncompliers-to-face-fines-up-to-150k)

I can understand what they are doing, they state the reason here and its simple enough,
its to restrict people going into debt just to gamble.


They do also include digital currencies because thats an indirect way to using a credit card,
they have to do it that way otherwise it wont work.


So what are the other ways gambling addicts can use money to gamble online?
bank transfer
Debit card
?

An advantage for gambling addicts because it can save their finances stored on credit cards. Based on this news link, the law regarding this prohibition is included in the strengthening plan. I think Communications Minister Michelle Rowland's reasons make sense because from a positive point of view, it is one of the ways that has often been questioned about how to stop addiction.

Maybe there is too much addiction out there so with this new law to overcome the brutal prevention, it is said in the article that land based casino credit card users in the sense for online casinos will not have any problems?

Or will anyone who uses a credit card for gambling at a land-based casino or online casino be fined if caught?

Digital currencies may lead to credit cards but not crypto.

Sportsbet already took the initiative towards this move. If I'm not mistaken they already started barring people from funding their accounts with credit cards. I think this is a monumental approach and move towards a safer and more responsible gambling within Australia that I believe the rest of the world should emulate. When someone who's not accustomed to gambling responsibly is given such uncontrolled power as a credit card, they go overboard. Overdrafting themselves since they believe they can pay off the debt anyway when they get their big win. But the big win will never come, they'll lose more and more until shit hits the fan and they are left with a negative balance tehy can't pay off due to the staggering amount of it.

Maybe, I can agree with the banning of credit cards in online gambling because of huge losses.
And it is also to safeguard these gamblers, to incur more debts from these credit card companies.
However, from the actual news that the OP posted, they will even ban the use of digital currencies, which for me, should not be the case.
Because if you have your crypto, it means, it is not a debt from those companies, but your money already.
This is not good for crypto users in their country. But in any case, they can spend their crypto in other things, not only in gambling.

Just as they say, people should not be betting with money that they don’t really have, so banning will eventually protect their people not to fall on heavy debts because of addiction from online gambling. For me, the legislation towards this ban is really reasonable as this is the only way so that the Australian government can protect its people not to harm themselves in online gambling, as well as the families of the online gambling gamblers.

A good gesture i should say on which banning credit cards so that its users wont really be potentially be messing up their financials because of being too impulsive on making use of those money which isnt theirs.
This is why im not surprised that credit card applications becomes more strict here in our country too on which it might not really be that the reason about gambling but also into those people who hadnt been able to settle their accounts or simply that tons of people hadn't been able to pay up their obligations.Its not really actually shocking if this case do happen. It is really just that wise on cutting off the source of problem on which if they do see that billions had been lost because of it then it would be just that common sense that they would really be banning or prohibiting it on at least it would really be easing out that kind of problem or totally cuts it.
It is really nice to see that some governments in the world do really tend to protect out their citizens on such harm because most of the time where government doesnt really boggle up themselves
and would really be giving out priority on things which they could really be able to benefit out.

As already written, the obvious option is to use a debit card.
But all this looks as stupid as possible: yet another “smart” government treats citizens like unreasonable children incapable of managing their finances.
In reality, this will only lead to the fact that those who want to play at any cost will cash out money from a credit card and then put it on their debit card. The only winners will be banks that charge extortionate interest rates when withdrawing money from a credit card.

It's a step to curb the irresponsible usage of credit cards and banks losing a lot of money in the country. It's a start, though something that isn't really welcome to a lot of gamblers. Then again, if they see a trend and it's just continuously growing, better cut the source of funds that people are pulling from rather than implement the bans on other departments.

Right now, it's best to use a debit card if they want to enjoy the comforts and benefits of online gambling.

Australia was the biggest country which play huge role in the gambling plays,this should be reconsider by their law makers.Because the country may get the good revenue from the gambling site itself.The biggest casino Stake also based on the Australia,So disable of the gambling using the credit card will be the negative one.As we know Australia is not against the gambling and this ban of using credit card should not affect the gambling industry.The revenue should be reconsider by the Australian government for the new law making on gambling.

Well, when you think about it, it is not so bad after all. Credit card is simply credit. You do not have the money. Credit card has encouraged a lot of financial recklessness not just in gambling but in compulsive and impulsive buying and expenses. In regards to gambling it is a good development. It would curb betting on a game with money you do not have. In essence what the Australian government is trying to do is to save the gambler from himself. I am also reading that one time, they had a regulation preventing credit card withdrawals from ATMs in Australian casinos.

If I'm not mistaken, credit cards are really not accepted as a payment method in most gambling sites, in several countries globally. Most banks sometimes don't want to deal with gambling site transactions because of several chargeback issues and the problem with a chargeback is a significant loss to a bank if not successfully solved.

I'm not sure about other card network processors, but the top 2, Visa and Mastercard aren't accepting any transactions involving gambling.

Even in physical casinos, credit cards are not accepted. I mean, money is a showoff in a physical casino, not thru credit.

Perhaps they will introduce another way to gamble and so the government could track how much money is gone and also to put a tax on it. This type of news from the government always has a step two, it wont end by just banning the options to deposit, there must be a plan ahead and that when we will be surprised.
I don't think they want to ban gambling entirely but more like centralize it especially if they are not witnessing any profit from that huge amount of money that was spent by their people.
Also the gambling industry is one of the biggest industry in the world today so stopping their people from doing it will just lead to untrackable flow of money while they find ways to keep their habits.

The reason why they ban it is interesting.  ;D
I think Australian government is smart enough to know what the gambling is. $25bn is surely a big amount, but it is people's money, not the money of the government. As long as the people are okay with the losses, I think Australian government doesn't need to ban it immediately. People spend money on gambling isn't only for gaining money, some people do it for entertainment. Spending money for entertainment, I think it is not a problem. Moreover, we know that gambling isn't a place for expecting income. If Australian government expects for profits through gambling, it means they don't understand what gambling is.

If they ban credit card for gambling, it will impact on online gambling, too. However, we don't if online gambling will restrict Australian people or not.

Maybe they didn't get benefits from that 25 billion and they see it as a lose that's why they decide to ban it before their citizens lose a lot of money from gambling. But if they do some good regulation regarding on online gambling to their country maybe they can find a solution to get a tax from those platform or maybe from people who gamble. For now maybe let see if their implementation will be effective since we all know that crypto is there and might be a solution for other want to continue their gambling activities.

But this is still a bill, right? So it has yet to be voted upon before possibly becoming a law? It's also possible that this won't prosper and fail to become a law. The article seems to talk about something that is about to be implemented.

Anyway, I am strongly in favor of this. We have always been saying over and over again not to borrow to invest. If that is a wise advice, then it is indeed a wiser advice not to gamble with borrowed money. A gambler will have to find ways to play with money that he/she owns. Playing, and most probably losing, money that is borrowed will only drown a gambler in debt.

I guess this means you literally need cash money on your bank account and deposit it to gambling company. Well that's very traditional way even for online gambling. I would say they literally aim to make less people gamble online. They probably cannot ban it completely (democracies don't like that) but find this way. I feel like its awkward move. I don't think countries need to care that much. Let people gamble as much as they want as its totally legit business.

Use debit maybe? that's the only option left when you are trying to fund your account, or maybe a cash-in third party agency where they accept fiat to fund your account.
I don't think they'll have a plan to eradicate both online and land based casinos. IMO, this steps they made is to minimize the irresponsible gambling habits where a lot of people fail to do so on their own, so the government will need to interfere before things gets worst.
I'm not gonna be surprise in the next coming years, more and more nations will follow suit.

It looks like the bill is really gearing towards preventing credit card payments and just reaching on digital currencies. The minister seems adamant that Australians shouldn't be using money that they don't have in online gambling.

They will probably allow casinos accepting debit card payments or through online banking.

The Australian government apparently cares a lot about its citizens. I think that limiting the use of credit cards in gambling is necessary to limit, the point is that this is a strong obstacle in order to replenish your deposit in the gambling service. But a lot of people think that this is the only way, they don't know about cryptocurrencies. And even if they knew that, cryptocurrencies require too much knowledge to properly buy cryptocurrencies and send them to the casino balance. None of the ordinary people will do this. The restriction is apparently made based on bad statistics for players - perhaps it affects family life. In any case, such a resolution is a big step towards making casinos banned in Austria.

The reason why Australia has a bill banning the use of credit cards for gambling: Australia is currently one of the largest betting markets in the world. Australians spend more money than citizens of many other countries on online gambling. Like many other countries that have legalized gambling, the Australian Government faces a complex and persistent battle against money laundering in online gambling. Casinos in Australia are among the businesses most commonly used as fronts by money launderers. The fact that the Australian government will ban gambling via credit cards shows that they are cracking down on money laundering.

That's actually a good move. Gambling on debt is never a good thing. If you have the money, you can gamble and it is nobody's business but borrowing money to gamble is not a good thing for the society and the lawmakers are making sure of that these degenerate gamblers won't become a threat to the society. I know most cc users have enough money to cover their debts but let's face it lots of people don't. Banks loan this money to these people so they can pay their bills or do their groceries. They even state this in their T.O.S. "You can't use this money to buy stocks or make bets etc..." If people keep violating the T.O.S., soon they won't find any banks loaning them any moni.

This does not make sense at all...... "Credit cards" are debt..... and Crypto currencies are not debt. Why are they not banning "PayPal" or other methods that are used to gamble?

Yes, I agree that nobody should be gambling with money that they do not have, but if you bought something like Crypto with you money.. why should you not be allowed to use it? (I personally feel it has more to do with the taxes and also capital control measures that are bypassed, when you use Crypto currencies)  ::)

It's all about money.

If they gamble in online casino where it's not created by Australia's government and lose, the one who will receive money is the online casino. If the citizen gamble in physical casino, the government will get money because the casino have to pay tax.

If the gambler is win, the government can tax it because they know how much money they make in casino.

What about offline gambling? If use of credit card is being prohibited for online gambling then it should be applied for offline gambling too. I understand credit card is a form of lending and gambling using loaned money is not advisable. Why then target online gambling it should be applied for any form of gambling.

I suspect the main concern is crypto gambling as there is a considerable rise in online gambler who are shifting from fiat casino to crypto casino. Naturally the government is not able to generate the revenue it was generating earlier. That will be the only reason why they said about the amount of fiat loss to the country.

That's right to avoid any form of debt but meanwhile this not provide nothing reliable to people addicted that will be able in anyway to find a way to waste more money. I mean, people have more forms of "fiat money" in their pocket...
I don't know if this is a valid solution since it allow the same people to play without limits.
Maybe has been done just to avoid frauds?

I will not take this news serious until the bill is actually passed and implemented, Australia had in previous times come up with news like this and till today, after several years, there has been no further update on the matter whether it was later passed, implemented or canceled.

And yeah, if they are going to ban the use of credit cards and digital currencies in gambling, I personally believe it can only be for offline and possibly some online casinos that are registered in Australia.

And besides, how exactly do they think they can ban people from using their crypto currencies to gamble, when they have no central power over crypto currencies same way they have central power over credit card, ban on use of crypto to gamble not possible for them if you guys ask me .

I don't get, the 25 billion belongs to the Australia government or what? It's more like the same thing in every country where gambling is permitted, what is their own business? I don't get it, I was expecting to read something about fund lose through theft or hack.

By the way, even if the government ban Credit card usage on casinos what about crypto? Because I've never even use Fiat or online payment through a bank to gamble on any casino before, it's never going to happen.

I believe this will be less effective if the government is trying to stop it's citizens from gambling because of the losses throughout the year, people will just look for another means, for like crypto.

While for credit card ban is easily implemented the same cannot be said about cryptocurrencies ban.This because when using cryptocurrencies together with a VPN (most gambling sites should also have alternate links) they can overcome the limit of credit cards.Of course if the legislation is to ban gambling completely then there is nothing people can do but I think this cannot easily be implemented there as people in that country were from the most avid gamblers that I have seen in some other thread which pointed out 10 top countries with most gamblers and Australia was there in the top 3 if I recall it correctly.

Exactly my thoughts when I first read your post: How will they deal with online betting, or even more impossible: how will they deal with banning crypto for gambling? It seems to me that they are more concerned about covering the problem up by making it seem like they fixed the situation by declaring it solved. This is too bad. Instead of such a unrefined and aimless approach, they should be finding solutions to the problem at its core.

People want to gamble in Australia, then they should be allowed to gamble. The real problem here is not the gambling itself, nor credit cards or crypto, but rather that Australia is missing out on the profits that they themselves could be making.

The issue at hand is that they have also prohibited the use of cryptocurrency for making deposits. I believe this is exceptionally concerning news for certain online casinos if other countries follow in the footsteps of the Australian government. This undoubtedly poses a significant threat to the existence of the online casino industry.

Furthermore, individuals who have grown accustomed to the convenience of gambling on their mobile devices will begin to lose their source of entertainment. Gambling should ideally still be permissible with cryptocurrencies, as they are assets truly under one's control, rather than owed balances.

It seems I have the same thoughts and opinions as you.

Everything is like using business fields to make money and when there is a group that has a large turnover of money and not a single cent of the profits come in then the government will close all access so that it returns to the way it was before where gamblers would only gamble at fiat or traditional casinos which can give taxes to government people.
This also happens in my country but most of the government people are always looking for personal gain where those with high power have groups that can provide security guarantees but in return for quite large amounts of tax.

It seems cruel with power but that the bad thing about a government system that only cares about profits from providing taxes on any activity in which large-scale money flows.

Looks like their statistics show negative results from gambling with credit cards and they are now making moves to prevent more damage to happen from their people. I think this is the best move regarding a country that we know has no limits regarding its citizens except for the age limits when it comes to gambling. I never thought of people playing even though they don't have any more cash with them so they used their credit cards. Good moves by the Australian government by the way.

The problem of these credit cards on the west.

They can also withdraw the limit credit-card to raw cash, I think even the (CREDITS) card prohibited any gambling activity through the card. Gamblers still find the way to withdraw the limit into raw cash.

And gambling on casino with raw-cash.

They will use cash? or those direct merchants that is partner of the casino that accept money to deposit on their platform. I don't know much about this bill but my first thought is that they just banned credit cards and digital currencies. How about those partners of the casino that you can cash in using cash? This is only my first impression of the bill but if it is really completely banned then for sure a lot of illegal gambling activities will take place there. Like in our country online cockfighting was banned but there are still people doing this illegally and from time to time someone gets caught because of this.

It is a bill and it is possible that it might not become a law or become a law. The bill is only focused on online gambling and digital currency. It does not say anything about offline gambling. If you want to pass a law then pass it fairly, which is not happening in this case. I too agree with your point that gambling with loaned money is not advisable. Which is morally right but a gambler would feed his addiction by any method. This is a good law to stop such gambling but it has to be done in the right way.

Australian people love to have fun and they want to be entertained if their government is going to ban online casinos they are likely to go support underground online casinos or frequent physical casinos, there are gamblers who are very used to playing online so they are the one who will likely suffer from the enaction of this bill.

The government just wants to cut the huge losses of gamblers from online casinos but they should focus more on educating gamblers and setting up more rehabilitation, you cannot stop people from changing their ways, many of them will find a way to play online, even if it means using VPN or relocating.

Wait, "lose"? So I guess we can assume that Australians play on foreign casinos, I reckon they can just create their own local (or promote one) online casino to combat this. I don't really think you'd consider it as a "loss", that kind of math just sounds wrong imo.

On the topic of banning, I'm just surprised they didn't outright ban online casinos and instead credit card and crypto usage. Kind of odd really, are there other alternatives outside of these two? Paypal is one that comes on the top of my head but I'm not sure if casinos accept payments through it.

I am sure the gamblers there will find a way to still gamble, but this will have the effect of discouraging many people from gambling, as the process will become more difficult, and many people may not like the difficulties now involved in doing something that was very easy to do before. It will reduce the number of gamblers in the country which I think is in the focus for the government who have approved this new policy. When there are too many gamblers in a country, it can become a problem, this may be what they are trying to avoid.

If they can't use a credit card or crypto for gambling, then there's only one way left, and that is to fund through a debit card. I think banning credit cards for gambling is justifiable, as it could result in increased debt due to irresponsible gambling. However, banning crypto, I believe, is something wrong because it's similar to a debit card where you need to fund in order to gamble; it only differs in currency.

I also doubt that Australians "lost $25B", probably they are talking just about deposits... It's not like that people just lose in gambling. Just sensationalistic headlines and big words/numbers to trick people into believing that new rules and regulations are necessary. Classical government propaganda.

I guess that the Australian government can try to ban crypto gambling, will be interesting to see how they plan to do it and whether will they succeed or not. It's different with credit cards, banks have all the control and they will do what they want... but with crypto it's different.

Imho that is a stupid move and no one gonna support that. First of all, bank cards - that is something that is under control so far. If they ban card usage in online gambling, gamblers would find a way to make deposits anyway, but that will cause of shady economy increase. Second - they are limiting card users right, they are limiting bank incomes from card usage. How they gonna cover bank losses? Third - what does "Australia loses 25 billions bucks" means? Maybe bank clients have spend 25 billions on gambling? Not saying that all of those 25 billions were spent on foreign gambling sites, but some of these 25 billions were definitely spend on Australia gambling sites. Which means Australia gain income tax from that. I doubt that government would accept to decrease budget revenues.

I don't think the digital currencies mentioned here not seem to be cryptocurrencies in my opinion, they just want to ban people from gambling with money that is not their own like said credit card that belongs to banks, and if people default the due amount after losing on gambling it will affect the banks so obviously it will reflect on the government too.

So this is an entirely good thing for everyone to stop taking risk with the money that they actually don't have.

That's a good idea and they can run a pilot testing about that. IIRC, there's been an airport that had allowed bitcoin or crypto payments so there's not that much of an issue there. And with them banning crypto gambling, that would probably give a lot of eyes but wasn't it them when they've also done something about online gambling?

Yeah, they're different but maybe they're going to include the other side which is crypto but hopefully they won't be tough and harsh on it.

Australia is taking clear steps to cut down on the costs of online gambling. Even though they focus on credit cards, the fact that digital currencies are also banned makes the situation even worse. However, the ban doesnt necessarily signal the end of online gambling.

Think about this: traditional banks have more ways to pay online than just credit cards. Think about straight bank transfers, e-wallets, or even third-party payment providers. The bill directly goes after credit cards and cryptocurrencies, leaving the door open for other ways for payment. The goal seems to be to stop people from making hasty purchases and make online gambling safer, rather than to shut it down completely. A balanced perspective is needed while assessing the long-term implications of this bill

Yes and that's why I think they were just reaching on digital currencies.

How is it stupid when they are only banning credit cards? I think you are confused and mixing CC with debit cards or ATM cards. It's a matter of betting the money you don't have at the moment which is cr. card VS. money that's deductible to your account upon depositing.

It's "Australians" which refers to the people and not "Australia" the Government. That means it's the gamblers that are losing $25 Billion each year. The proposed bill is also aimed at protecting those people.

That would make sense if the gambling industry is a frequent source of chargebacks, it means the banks belonging to the casinos have to shelf the loss when someone deposits in a casino and then files a dispute to get a refund. Or possibly the other way around but for withdrawals.


Australia is known for making a bunch of crazy regulations regarding crypto, so I guess this is one of them. There are no chargebacks in crypto so I don't see what they are trying to accomplish with that.

As far i know they only banned online credit card gambling. They have enough reasons for this. If the government of any country takes any decision that is good for its people, it must be appreciated. I wouldn't say gambling is bad but gambling can lead to disaster for those who become addicted to gambling. We know that with a credit card a gambler can manage his gambling with a bank loan as per his wish. As a result, those who become addicted find themselves in great financial trouble. Since there are other means of gambling, not being able to use a credit card will not be a big problem. But that would be perceived as a negative aspects for responsible gamblers.

Gambling with credit cards is tantamount to gambling with with borrowed money. I know that ideally in the west using credit cards isn't seen as a hug deal but the financially prudent person or the responsible gamble who has a budget and who has a proper bank roll management would understand this is financial trap that aids gambling addiction because since the money is readily available you keep increasing you debts because of your gambling habit.

Quite frankly, they should leave crypto alone. By the way how do they intend to accomplish this. The gambling operators themselves know that the crypto option is one of the deposit and withdrawal methods that attracts customers. It proves that they are advance. I know they will fight it.

We'll see what happens next, as the bill will probably face a variety of considerations before it is passed. But if it is true that the bill prohibits the use of credit cards and digital currency, maybe people will look for other ways so they can continue gambling.

A gambler will remain a gambler and they can find other ways if there is a ban on gambling. And nothing can stop them unless gambling is completely banned in the country. So let's just wait for the next news.

the article mentioned that credit cards are already prohibited from being used on land-based wagering in Australia, I guess banning credit cards on online casinos is their next step.

anyway, what I don't really understand is why they plan to ban digital money too, I mean, digital money is not the same as credit cards.

It's going to be a big lost to the gambling industry in Australia if they have this kind of bill. I guess they just want to protect Australians who become so addicted already that those people might be going a lot just in order to pay their debts.

But there are still land base casinos in Australia so I guess this bill will not help the gamblers per se, as they can just continue with their gambling addiction and maybe taking a loan from someone is. So for me, it's not going to be an effective measure in the long run.

How australian government can track who use crypto? where many Non-custodial wallet is available for crypto holding. and no one can control that fund without wallets owners. Australia can ban cradit card for gambling website because cradit card are issued by a bank and bank can control that card anytime. but government can't control crypto in any way so australian gamblers can gamble with crypto Although they ban crypto in there country.

Australia is always fond of conditioning their citizens on how to spend their funds and I don't know why they do that. I remembered when they placed limitation on their citizens on how much they can fund their trading accounts with siting that their citizens were not making good returns from trading.

Even though this might look like them watching the back of their citizens, a closer look at it will unmask their actions as sensorship in disguise.

I just hope the citizens will see the handwriting on the wall and resist some of these actions as their disadvantages, on the long run, far outweigh their advantages. 

This will also give rise to illegal gambling in Australia. Gamblers in Australia will start patronizing unregistered casinos that are not regulated.  The use of VPN to bypass these restrictions will increase to a large extent. With the rise of black market casinos, scams will also increase which will even make Australia lose more money. The government will also lose tax revenue in billions of dollars. This proposed ban for me is unnecessary because the government can devise other means of regulating gambling and reducing addiction. They can restrict the amount that gamblers can use for gambling. Banks and other card issues can partner with casinos and banks to place a benchmark on the amount each person can stake over a while.

That's a laughable move from their policy makers in Australia because it won't stop the people from losing billions more in illegal gambling. People won't stop gambling, but they're killing an industry for legal gambling.


A true censorship-resistant, permissionless cryptocurrency = Bitcoin can't be stopped. It will find market inefficiencies and make them more efficient, legally AND illegally. 8)

It's going to affect not just the fiat-based casino but the crypto as well. The Bitcoin casinos are also offering credit card options in order to buy BTC such as Moonpay.

If it's done in Australia, it will just be a matter of time before it could also be done to the rest of the world. Banks are squeezing credit card users because there are so many delinquent payers already. They were abusing those cards and not paying their debts.

there was no mention in the article that they will track individuals who use cryptocurrency for gambling, but what was mentioned in the article is that the government will fine the companies/gambling sites that do not enforce the ban. also, they are not trying to control cryptocurrency and they are not banning cryptocurrency in their country, they are just prohibiting gambling sites in their country from accepting cryptocurrency in their online casino.

They never said that they are banning gambling completely, but only online gambling. This is because it is making their citizens to be on debt using their credit cards to gamble online. From my understanding they don't want their citizens to involve in online gambling.

I believe that there are land based casinos that citizens can go and gamble to have fun, because gambling is a legal activity in Australia. They want to also reduce the rate at which people gamble, because online gambling give easy access to gamblers both underage gamblers. If you also look at it from this side, maybe the government couldn't get their taxes from the online casinos and therefore choose to throw them out of business. Since it is easy to tax a land based casino.

25 billion dollars in a year is too much in one year in one country, in my opinion. This also means that the habit of many citizens in Australia is to gamble online. or maybe the others are addicted to gambling. When gambling becomes a habit, people will eventually become lazy and depend on gambling online.

It's not very good when people become habitual with them. It just means that the government cares a lot about that country and does not want its citizens to become dependent on gambling, and I also think that there is nothing wrong with that decision of the Australian government.

I've always had the impression that Australia is against gambling because they are always doing something to prevent people from gambling or getting involved in any way. Previously, there was news that said that they were going to ban online gambling advertisements, and now, it is clear that they don't want any online gambling platforms to operate within the country and the reason has been disclosed which was unknown before this news.

However, I don't understand why they say that they lose 25 billion dollars in gambling in a year. Does this mean that the online gambling platforms don't pay them taxes? And even if people aren't losing money to gambling, they will be spending it somewhere else and the tax will still be the same for the government.

I have to say that at first thought I was thinking this is a pretty good idea as many people simply can't handle the freedom of being able to gamble on loaned credit, as they will end up getting in over their heads and building up a good deal of debt.  However, I am not a fan of government "overreach" so at the same token I understand what it's aimed at doing, however if people want to screw themselves with debt, than why not let them?

After reading the article, I have a slight opinion that Australia's efforts to ban the use of credit cards for online gambling have a very good aim because Australia wants to help free its citizens from the negative impacts of the development of the online gambling business which is addictive and can lose a lot of money and also have an impact on families. This is just my positive opinion.

In terms of my negative opinion, what I know is that Australia is one of the countries that legalizes gambling and what I know is that if a country gives permission or legalizes gambling, it usually gets taxes from the gambling party, but why does Australia feel like it is suffering from online gambling with a loss of 25 billion dollars?
I really don't know how this problem works maybe someone can explain does Australia not get tax from online gambling?

I was wondering whether certain countries would feel like they were losing money because the online gambling sites were illegal because they didn't get taxes from online gambling.

I don't get it as well.

If they're pointing out that there's a need to ban the credit card users for its usage through gambling. Why not give a directive that the credit card companies should automatically decline any transaction from it?

Isn't that possible but with a centralized system, that's possible right? I am guessing that there has something to do with other services that's being neglected even so, I still don't get how they're losing a lot of money from that.

The funny thing (sad thing) is that officials create entire committees that come up with such laws, then these laws are considered, finalized, undergo examinations, etc. A bunch of parasites receive a decent salary (and subsequently a good pension) for the fact that they actually harm other people and businesses that actually work. It is strange that people are surprised that businesses engage in lobbying and bribe politicians - in fact, they are only trying to protect themselves from the actions of idiots.

Yep, that's true, they are killing the legal gambling in Australia for sure, and I think it might create a entirety of illegal bookies don't you think?
But on the other hand, the land based casinos might benefited here in the long run if the government tries to kill the online gambling business with this policies.
In any case though, its going to be difficult for the government of Australia to curb our the gambling industry.
People are resistant and will have to find out other ways to continue with their gambling addiction.

Well if there's a will, there's always a way. It sounds like the government's decision to implement stricter regulations and procedures for gambling is aimed at achieving several objectives like to reduce the overall number of gamblers in the country. By regulating and reducing the number of gamblers, the government may aim to strike a balance between revenue generation and responsible gambling practices. Because when a country has no order with regards to this matter, the people will suffer from controlling movement o the government.

This could be a short term solution but for sure it will help, their purpose is to minimize the losses anyway and not totally eliminate Gambling, maybe this their first step and its hard to tell. As far as I know, banks in my country really don’t allow this kind of transactions and if you are into gambling you will be flagged so maybe the Australian government is just trying to copy the strategy of banks in other countries, this might work to them as well.

There is no need for this particular bill to include land-based gambling because "[c]redit cards are already prohibited from “land-based” wagering." That's stated in the article. In other words, if we are to take into consideration this existing law, there is high probability that this current bill which seeks to ban the use of credit cards in online gambling will also be passed and signed into law.

How is the process not fair or proper, by the way?

Making a gambling deposit using a credit card is a bad choice, because it will deposit money to gamble from debt. When they pay their credit card bill, there's a big chance they won't be able to pay it.

I personally agree with such a ban, if it is allowed to continue, more and more people will be in credit card debt. If people really need money, they may act illogically and commit criminal acts for money.


I think there are many ways to play online gambling, I'm sure even if Australia bans gambling, most likely people will still gamble. However, if they don't use a credit card to make deposits on gambling sites, that's better

Excellent news!

I know that this measure will certainly reduce the revenue of gambling sites and casinos, but it is "a necessary evil".
People need to learn, even if it's the hard way, that gambling should never be considered an investment, they are an expense for entertainment purposes and can only be "enjoyed" from the income that their customers have, in so that they are used with caution and prudence.
It is very easy to fall into addiction and become seriously indebted to gambling when you use money uncontrollably that you do not yet have.

Anyway... controversial news, but in my opinion it is very accurate and fair.

The reason why not let them is in your own post: because some people just can't handle the freedom it's given to them. So the government has to responsively interfere on this matter to prevent these people from increasing debt and going bankrupt, due to not being able to pay it back later.

When you see someone doing something that will harm themselves, don't you try to interfere and help? Like, if you know someone is suicidal and he is going to execute it, wouldn't you try helping somehow? As I see, that is what the australian government is doing here.

And I don't see any other hidden malicious reasons behind, especially because gambling isn't being forbidden after all.

I think the regulations on credit cards are quite good because if you remember that gambling using a credit card is the same as gambling using debt where the user is not sure whether they will be able to pay it back or not. The convenience provided by credit cards will trap users, because they will think that the money they use for gambling is very easy and they can pay it back if they win, but that is not the case and users can even be trapped in mounting credit card debt.
However, regulations on digital currencies don't make sense because they are different compared to credit cards, you need to convert fiat to crypto to gamble and that makes it much easier for users who want to gamble.

Nope, I am not confusing credit and debit cards. It is stupid because they are banning card in general. They are limiting the way users make deposits. Less deposits, less money comes to country budget as taxes. Lower budget will cause taxes increase in other areas.

Anyway, banning credit cards is not the solution to gambling addiction. They think people would gamble less? What stops people them from withdrawing money from ATMs and making deposits in fiat? It was said that Australians lost 25 billions on legal forms of gambling. Refer to previous - it is a stupid move because it will trigger growth of  illegal forms of gambling.

Yes, it is true that he gambled with debt, and if he lost, he had to pay the debt to the credit card company along with the interest. Indeed, they can use the money first for various things they want by borrowing the money from the company, and then at the end of the month, the company collects the debt. Using credit cards for gambling or anything else is not wise because they will have to pay their debts if they cannot control how they use their money. And even though there is a limit to the maximum amount they can use, they still have to pay the debt. It's better to gamble using crypto or deposit money directly from their account so they don't have to think about paying their debt at the end of the month to their company.

Yep, using credit card will make the gamblers can't control themselves because they might lost count and bear to high in the end of month. Using crypto or real money will make them aware how much the money they have and the maximum the money they can to gamble.

Although there's a chance someone might ask a loan to gamble, at least preventing by not let them to gamble directly using credit card could decrease this problem.

I think it's true that if you can, never use a credit card to gamble if you can't control yourself and gamble wisely, because without being able to control yourself it will definitely make your bills go up because you keep making deposits when you lose so it continues to make your debt high and that will It's a hassle in the end, personally I never use that method and never recommend credit cards for gambling.

I once had a friend who had a credit card bill that ballooned every month, so it's best to just use crypto and currency through a bank account so that we can limit and control our gambling budget rather than using a credit card which sometimes makes us forget ourselves when we lose. I also think the government banning the use of credit cards for gambling is a good step to keep the risk away from crazy gambling addicts.

The OP made a mistake on the subject for the lose. The article clearly stated Australian not Australia the country. The government is concerned about the welfare of its citizen since a country full of citizen with gambling problem will affect the overall community performance. This act is to control the addiction of Australian since they are losing enough money just to gamble.

Afaik, Australia is already banned of few online casino due to their online gambling law become strict few years ago.

That's a lot to ignore and for sure the government of Australia wants to help their citizen with regards to this, or else banks will benefit a lot from this and their financial cycle will not be balance. At first, I thought this rule applies to every bank since our local bank strictly prohibit this kind of transaction though you can still proceed it but later on if the banks find out your purpose of transactions, that is the start of their investigation and your account will be in trouble.

Maybe because if many people use credit card in their gambling spree it could harm the banks, and maybe they are also care for the gambler when using credit card even though cc has a limit still they can still play at high amount but the thing is there will be an interest when they use that instead of cash and also the banks could be affected when these gamblers cannot pay them anymore.

They are specifically banning credit cards and that's not "in general". It was never mentioned that they will ban the use of debit cards or ATM cards for depositing to online casinos.

Try to look at it from this point of view - the bill won't stop them but at least it would force people to gamble money at hand instead gambling on credit. That means it could prevent these gamblers from drowning into more debts because they could not pay their credit cards. Good thing you mentioned withdrawing money from ATMs because that's essentially the purpose of the bill the way I see it.

I'm not someone who advocates bans and I'm more in favor of everyone using their money the way they want, but it seems that there comes a time when people need to be protected from themselves. Gambling should be fun and with a sense of responsibility, but when things get out of control and someone spends more than they earn, it becomes a problem.

The positive thing here is that Australia is actually giving up part of the income it gets from taxes considering the total amount its residents spend every year on gambling, to protect them from themselves. However, those who want to gamble will always find a way to do so, despite the bans.

Plus if it's going to expand an illegal gambling cartel's financial capabilities, the money could find its way back to the policy-makers and cartels could expand their political power as well. They could also buy more guns, launder more money, making those illegal businesses grow too.


That's probably who's lobbying for the move. ::)

Things spiral out of control when gamblers have their judgement clouded due to the sheer amount of losses they have incurred. Majority of these gamblers also experience what we call "gambler's cycle" wherein they tend to recover their gambling losses by gambling again. This creates an endless cycle of them winning/losing, ultimately losing money in the long run.


No matter how many laws may be implemented, if a person is truly hungry for gambling, they will definitely find a way to continue. I guess the best of course of action may be providing better execution of laws and prohibitions to prevent these from happening.

isn't this a classic example of government trying to put a leash on people's habits? Don't be fooled; this move isn't really meant to stop people from gambling. It's more about keeping the money flowing. It doesn't matter what they do; people will always find ways to get around it. Healthy gambling is about personal responsibility, not government restrictions. Take a look at e-wallets, bank transfers, and other ways to pay. Online gambling isn’t going anywhere. The industry always finds a way (and even become better) ::) ::)

Maybe their goal is to protect their people from over gambling but no matter how they may stop people from gambling, they should be aware that credit cards isn't the only ways to deposit funds to gambling sites. People will always try to look for alternatives just to pursue gambling. I don't think banning will be the wisest solution that they could give because no matter what they do, as long as crypto and online casinos exist, it will still be hard for them to track gambling activities. I think the best that they can do is to conduct programs to warn people to gamble responsively because for sure, if they're country is experiencing such huge loss, many of their people are experiencing gambling addiction.

Exactly my thoughts @ChuckBuck. There are several means of payment that are provided by online gambling platforms for their customers to use whenever they're using their sites and no matter the kind of restriction that government of Australia implements, it's not gonna stop their citizens from betting.
If the government feels that the citizens of the country are probably gambling in uncontrollable ways and sees it as a threat to national development, I think the best thing to do is to sensitive citizens of the country about the effects of gambling without control instead of banning their credit cards from being used because it's still not gonna have much effect on people that are gambling when there are some many online virtual cards.

I believe it may be because credit cards offer so much more access to funds that one wouldn't have at the instant, that is why the citizens abuse it to gamble and play bets unguarded.
More interests should be created in which citizens can excitedly channel their money into to make profits from and find fun in doing it.
Gambling ban on credit cards will not stop gamblers from finding other ways to bypass the ban inorder to bet or gamble continuously.
The game itself should be strictly regulated both online and offline and turns of plays should be limited instead.

People's habits, usually those which are mostly perceived as negative ones.
That is why once can find taxes on tobacco, alcohol and gambling, in the end, it indeed does not matter what kind of restrictions governments try to set, everyone needs their entertaining activities (whatever they need to escape reality for some hours a day).

On the other hand, this may accelerate Bitcoin gambling in Australia or make people from that country to get accounts in reputable casinos overseas.

I am not a citizen of Australia so I have no way of accessing the bill or other news that could give many details about the draft of this law, but from what little I was able to research it seems to me that it is not as if the government is approving laws that prohibit their citizens from using online casinos, from what I understand is that the Australian government had already prohibited physical casinos that are in Australia from accepting credit card payments for very obvious reasons, and that when people are using cards of credit they are incurring debts, so it was necessary for the government to also apply the same prohibition that they applied to physical casinos to online casinos. and as they are passing laws related to credit cards, the Australian government has also included a ban on purchasing digital currencies using credit cards

Let’s look at this article that I was able to read:


source: https://igamingbusiness.com/legal-compliance/legal/australia-credit-card-gambling-ban/

I believe that when they introduced digital currency they were saying that people in Australia could not use digital currency created in Australia, something like not being able to use some type of digital currency created by the Central Bank of Australia to play in the online casino, I don't know if in Australia have digital currency created by the government or central bank, but even if they don't have it yet, in the future they may have it and this law will be in accordance. So my conclusion is the following:

1 - people in Australia will continue using physical and online casinos but will have to play with their own money from debit cards and physical money and cryptocurrencies

2 - this law is not prohibiting cryptocurrencies and is not prohibiting people from using physical casinos and online casinos, so in practice it is a good law, from what I read in other articles, online casinos in Australia supported this law, so it is a good law. In case there is someone who lives in Astralia and sees that I got everything wrong, feel free to correct me.

You are right. It can cause difficulties for those who gamble with credit cards. They will not realize that they have used a lot of money to gamble because in fact, at that time, they did not spend any money at all. But later, at the end of the month or the beginning of the month, they have to pay their debt to the credit card company. And if they can't control themselves while gambling, they may incur quite a large debt depending on how much money they use. So it's best not to gamble using a credit or debit card because it can make us lose money.

If I read correctly, the reason Australia prohibits its people from gambling using credit cards and if the two government reasons are as mentioned.



For me, it is normal for the government to implement a bill prohibiting gambling using credit cards, because they know the risk of harm that arises for Australian society in general.

Regarding the Australian government's actions and regulations on gambling, in my opinion it is a good step, because with a credit card in hand, people enthusiastically use all the balance on their credit card, without considering the monthly risk they have to deposit intothe bank.

However, Australians can still gamble online using other methods, apart from credit cards and digital currency, such as: Transfez, Flip, Western Union and so on.

Using a credit card to bet is the same as betting with loan money. Of course, this can increase the risk of failure when paying loans, so the government should prohibit this from continuing to be done by gamblers in that country. As long as these gamblers have money in hand, they are free to gamble at any casino (if gambling is legal) even though the risk of losing money remains the same.

The impact of gambling is basically the same, but the Australian government seems quite wise in dealing with gamblers with these rules. In the end, the government does not allow people to gamble with money they do not have, while they do not prohibit gambling. But what's the point of them banning people from using crypto on gambling?

The government has considered the losses incurred by its people so they banned the use of credit cards and Cryptocurrency with huge fines, Australian gamblers' only recourse is to go to countries and play at Physical casinos do underground betting or they are going to use VPN to access the casinos.

Australia is not the only country that does this and they just want to protect their citizen from accumulating losses from gambling the figure is very alarming it just proves that many Australians gamble or do not have control over the amount they are playing.

Based from what you stated, it's just the credit card mode of deposit that is going to be banned in Australia gambling platforms. The players can still use e-wallets or debit card as their payment or deposit method to play into their favorite website. It just makes a little inconvenience to have a lesser option to use for gambling, but I believe Australian government will do this for a good reason.

It's not really healthy and heartwarming to lose a lot of money because of people's irresponsibility. It's more of infuriating and disappointing for sure to the side of the government and specially to the side of the banks. Hence, one way to cut this losses is to cut the source of fund of those people who doesn't have enough resources for gambling to begin with. With this, they limit the financial dependency on credit and loans of the gamblers and perhaps this will make them reflect and think about having other source of fund just to be able to play and bet.

Have fun banning crypto from being used for online gambling... If they do that, the only outcome will be that there are casinos specifically focusing on providing players with crypto an anonymous environment to still use it. They would have to ban the entire infrastructure until the very cash out that could happen p2p without any official intermediary. I think a ban is something that just can't be enforced. Having rules in place is one thing, enforcing them is what really counts.

Gambling can either be beneficial for a gambler if he triggers the appropriate technique. Gambling is extensive, with numerous domains yet to be identified; understanding everything will take time. A ban on gambling will be difficult for the government to enforce because of the presence and creativity of fresh concepts that would encourage gamblers to start looking out different opportunities when making wagers on games. P2P is seen as one of the choices for gamblers to buy crypto that will be utilized to fund gambling activities, but there are other structures that I have never been acquainted about.

Australia is a rich a country, so it's no surprise that their country can lose that huge but it doesn't mean that people there are heavily addicted on gambling. The amounts that they gamble may look big to us but actually it was the only amount they can afford to lose.

Prevention is still better than cure like they say, so I like the initiative of banning credit cards in casinos. Not just in Australia but I like this new law to be implemented on many countries. Don't worry @OP because credit cards aren't the only way for the people to play gambling. They still have fiats, online payment methods ( including cryptocurrencies ) and they can control these better.

Most the people are not following the laws made by the government.Since now we are using the crypto based gambling site,So we can buy the cryptocurrency using the credit cards and move the crypto to the gambling wallet.So I think this ban of credit cards to the gambling won’t have the effect at all.The gamblers easy use of the crypto based gambling sites,this move was made by the government to stop their people on the betting.But it won’t work untill they ban the entire gambling ban,which is not possible in the big country like Australia.Australia government can’t control the gambling using this credit cards ban.

It is not only that people can buy crypto p2p and then use that crypto to gamble on a centralized betting platform, but it is also about people getting or holding crypto and using a decentralized platform to gamble. I haven't really looked into prediction market platforms, but if I am not mistaken I think that gambling in a decentralized setup is already possible if someone really wanted to.

But if it is not possible yet in a way that requires reasonable effort, then a ban on gambling would foster exactly what the government doesn't want to. Developers will discover the potential for that market and that market lacks infrastructure, hence they build it out in no time, launch it and can even stay anonymous. It has been that way forever. Bans have their downsides. It isn't like banning a risk or danger and then it is gone. If there is a market for something and that market is big enough for someone who feels incentivized to seize the opportunity, they will go for it.

Try to ban alcohol and every second household will build a distillery in their basements. 

The article you posted never mentions cryptocurrencies, instead they are referring to digital currencies, majority of the credit card companies will not allow to use your credit card in gambling sites and it is implemented sometime back. Since there are ways to overcome these restrictions, curious to see how they will enforce the ban with many apps and companies that are not under their jurisdiction, how they will enforce the rule on a global scale.

I think one key reason for this is that technology evolves, so do the methods for bypassing restrictions. Some individuals may still find ways to use credit cards for gambling by using proxy servers or other tools to circumvent location-based controls.

Another is the capacity of a person to afford the credit. Gambling is the fastest way to make and lose money. So instead of the government to always remind people of their expense, it's wise for them to just siply ban the usage of credit to the mass in terms of gambling industry.

So you say they gonna not let credit card users withdraw money from ATMs? How an earth they gonna do that towards gamblers only and allow other use their credit card fully. With adding a question "Are you gonna gamble with that cash?"  before they select amount to withdraw ? :D And if the answer is yes, the ATM gonna spit out credit card.

The whole idea of credit cards is to go in debts and later close it. Isnt the purpose of the bill comes across bank policy? As they a killing bank product with it. I really dont understand how this gonna help. Ok, lets suppose gamblers wont have credit cards anymore. Does it mean they will gamble less? Does it mean they cant borrow money from others?

So ATMs should suddenly be moral police? Better thoughts have been heard. How could ATMs tell if someone was pulling out cash to play or for an innocent shopping spree? Your sarcastic idea of ATMs questioning where people are going is pretty close to how crazy this thought is

On to credit cards. They create comfortable debt. Banks are strangely kind to let you have fun and pay afterwards. They suddenly worry about gambling? How useful! Given credit cards, would gamblers suddenly be more careful with their money? Other methods would be found

But it's not easy, especially for people who often gamble using credit cards, and even though there is a ban from the government, they will still be able to find ways so they can continue gambling using their credit cards. And even though in the future the government will completely ban all gamblers from using credit cards and will request reports from credit card companies, these gamblers may soon switch to other means of payment such as crypto. They can also easily buy crypto and send it directly to their gambling account so they can continue gambling.

So it doesn't matter if the government prohibits using credit cards for gambling. Gamblers can use many other ways to keep gambling, and it is only a matter of time before they discover them.

Finally someone understands me :D I cant imagine how to limit users from using credit cards for crypto and make that limitation soft. Its is either banks will completely stop issuing credit cards (and that is a partial death for banking sector), either they will find lots of IT guys and ban every single gambling page, IP and VPN on Australian territory. But that is very inhumanely. Or they gonna put a clause in contract that comes with credit cards, that it is prohibited to use cards in gambling; and make fines. This is also unreal to perform.

The whole idea of bans and credit cards is stupid. Now they ban credit cards usage in gambling, because people spend funds they dont have. Later they gonna ban credit cards because people in general spend funds they dont have? That is some kind of primitive thinking.

They are not going to enforce the rule on a global scale, they can't do that because they can only decide for their own country and not for others. And it's obviously not only about cryptocurrencies because credit card companies or banks don't support cryptocurrencies, so you can't use cryptocurrencies using credit cards. However, I believe cryptocurrencies also fall under the category of digital currencies because they are used digitally over the internet.

However, if by digital currencies they mean the transactions that are made through online banking apps then cryptocurrencies won't be counted in them and I'm not sure if they can also ban the usage of cryptocurrencies and the casino platforms that are basically operating with only cryptocurrencies.

As I wrote above, there is a simpler scheme even for those who are far from cryptocurrencies - you can withdraw money from a credit card and put it on a debit card and use it to play in the casino as before. I don't have credit cards and I'm not from Australia, so I'm hoping someone with suitable experience can confirm that such a scheme works. In fact, the only winners are the banks that receive additional commissions for unnecessary transactions that gamblers will be forced to perform.

There are two ways to look at it, first like you said their motive is to ban credit cards or discourage the use of credit cards and they start off by banning them on the gambling sites. Since the motive is not to discourage gambling, gambling sites may feel that they are at a disadvantage and that the banning of credit cards is only on the gambling sector and the rest of the marketplace has no effect on it.

The second point of view and a more relevant one, is that the government's motive here is to stop gambling and for this they start by banning the credit card in gambling, thereby putting one hurdle. They can ban the crypto, so their only option is to ban the usage of credit cards. Who knows, they will ban debit cards too later once they see some good progress.

How many people are gambling using credit cards? They should try banning gambling through crypto as well if truly they want to stop their people from gambling, many gamblers around the world don't like using credit card for gambling , it's not private.

I remember in 2020 the UK gambling commission also announced a ban on credit cards for gambling payments, they claimed that some gamblers with higher level of debts are using credit cards to facilitate their gambling behaviours, I believe gamblers are gambling with borrowed money which is at a high alarming rate. 

I think the same thing is happening in Australia right now, so yes I don't see anything wrong about this ban on Credit cards, they have given such gamblers a name, the problem gamblers, they believe that gambling with credit cards will lead to financial problem, too many people are in debt via loan platforms and credit card.

There is a third point of view - interference in gambling business. Lets say you are a casino owner, but because of credit card usage ban, you gonna receive less profit. The chain of consequences will lead to layoffs and bankruptcy. Proposal to ban credit cards is one sided. With its approval, what in exchange government would offer casino owners?

Why I still find this proposal stupid? Because people who gamble will still find a way to get money and credits. People are creative. They will find a way to get into debts and troubles anyway.

This makes perfect sense to be fair, why would it be alright to get a "loan" to gamble? That is what a credit card means, it's credit that is put into your account, so you owe the bank some money for having that and it's quite important to remember that we are going to end up with something that will take a lot more time. I get that it may not look that wild but it is still quite large and should be considered a risk.

If you gamble and lose all that, you have spent money that you do not have for something that you do not have at all. Gambling will be way done by the time you have to pay that credit back. This is why it's not a smart idea and should be ignored as much as possible, that would make it a lot better eventually.

If the government will restrict the credit card to be used in gambling, the gamblers can still take loans from else where and gamble. You cannot stop people from gambling just by restricting one mode of credit payment.

Anyways gamblers themselves need to realize that gambling by taking money in credit is the thing that needs to be avoided at any cost. If you lose the games, you will still have to repay the loan and in rare cases, even if you win, the burden of paying back the loan stays at back of your mind and you will not be satisfied when you know you have to return the money.

Is credit card or crypto the only means of doing online gambling there? There are lots of payment methods available these days.

Obviously through direct top-up. There is no saying that online gambling will be banned, only the mentioned payment methods such as credit cards and crypto. Besides, it's good that credit cards should be banned from being used on online gambling as it will just give more encouragement for people to gamble since it's credit.

If gamblers don't have money to use on gambling, better stay out of it and don't rely on credit thing.

Well, maybe that is a way that the government can do to limit the problems that occur in gambling so they feel the need to do it. The government knows it will not stop people from gambling because people can still use other methods. Moreover, nowadays, gamblers can use many options to deposit their money to gamble.

Apart from that, gamblers can take out loans to gamble so that they can continue gambling and if they lose, they have to pay back the loan. And that is another problem that can arise in someone if they don't have self-control.

Credit cards existed first before any other online payment methods such as crypto so I think many people are playing using it. We can't also disregard the growth of the others OFC, so yeah, they may need to look at it as well, if they totally want to stop the people who are getting addicted through gambling. The name credit card says it all.

Yes, people who use it are basically borrowing money to place a bet. For those who have a problem with gambling, this can lead for them to have a financial problems if this won't be stopped. Not only in gambling but there are also people who miss-used their credit cards and abuse loaning platforms. There should also be a way to fix these.

Australia has proven to be a totalitarian state, just like Canada and many other countries during the pandemic. They showed their cards early, so this doesn't surprise me at all. It's only going to get worse for people living there, so if you're fine with no privacy and no freedom, go ahead and live in Australia.


It's a leftist way of introducing restrictions into society.
What if only 1 person out of a 100 falls victim to something, like a scam, addiction, whatever, but prevention enforced through restrictions makes the life of all 100 harder?

I believe they are slowly moving towards banning online gambling completely because their acts seem to support that motive, they decided to ban online gambling ads, and now they are banning credit card payments for online gambling, they believe the country is losing a lot of money because of online gambling and they want to stop that from happening, but I'm not really sure if they can do that because people will always find a way to gamble.

The most probable reason why they are not against land-based casinos is that they are easily taxable and the winners are also known and reachable so they can tax both the casinos and the winning players for their winnings which will generate revenue for the government and they will benefit from it.