I was reading online today that customers will not be able to use their credit card to gamble online from the 14th of April, 2020. Apparently up to 22% of online gamblers who use a credit card to fund their account are problem gamblers.
I personally have never used my credit card to fund a betting account, though I do use my debit card.
I can sort of understand why a credit card could be a bad thing as you can spend money you currently do not have, whereas with a debit card you actually need to have the funds available in your bank account.
What do you think, is this good or bad news for you?
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Does this new rule change only apply to betting companies or does it affect everything such as buying tickets on the national lottery?