To block payment transactions with unlicensed gambling websites
UK Gambling Commission reaches provider payment agreement
(UK).- The UK Gambling Commission has reached an agreement with payment service providers Mastercard, Visa and PayPal to block payment transactions with unlicensed gambling websites when it implements new laws later this year.
2014-03-11
Reading time 23 seg
(UK).- The UK Gambling Commission has reached an agreement with payment service providers Mastercard, Visa and PayPal to block payment transactions with unlicensed gambling websites when it implements new laws later this year.
The House of Lords' Baroness Jolly confirmed the agreement despite the House rejecting an amendment to the Gambling (Licensing and Advertising) Bill that would have allowed the Gambling Commission to block financial transactions between UK citizens and unlicensed online gambling sites.
The House of Lords voted 171 for and 185 against an amendment, which is now set for a third reading on March 18.
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