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RWA’s Support and Concerns
Today marks a significant milestone in Australia’s efforts to promote responsible gambling, as the Federal Parliament approves a ban on the use of credit cards for online gambling. This legislative change, championed by Responsible Wagering Australia (RWA) and its members, represents a crucial step in safeguarding consumers from the potential harms of unchecked gambling.
Kai Cantwell, CEO of RWA, praised the legislative action, emphasizing its importance in safeguarding consumers. “This is an important measure to protect customers and their loved ones,” Cantwell said. He highlighted that the ban would aid individuals in maintaining control over their gambling behaviour and is a welcome addition to the safer gambling account management tools already offered by RWA members.
Despite supporting the legislation, Cantwell voiced concerns regarding the exclusion of certain gambling forms, like lotteries and keno, from the ban. “It is disappointing to see that other forms of gambling, such as lotteries and keno, have been exempted from the ban,” he remarked, pointing out the widespread nature of lotteries and their accessibility in low-socioeconomic communities. This exemption raises questions about the potential ongoing risk of financial harm in these vulnerable sectors.
RWA’s Role and Initiatives
RWA has been at the forefront of advocating for responsible gambling, working in close collaboration with the Federal Government and financial services since 2021 to enact this credit card ban. In October 2023, RWA played a significant role in GambleAware Week, held in NSW. The organization actively promoted awareness of support services and responsible betting habits, demonstrating its commitment to mitigating the risks associated with gambling.
The association also expressed concerns about illegal offshore operators who evade Australian laws, taxes, and consumer protections. These operators pose a significant challenge to the integrity of Australia’s gambling regulations and the safety of its consumers.
Challenges with Unlicensed Online Wagering Services
The implementation of this ban comes amidst ongoing issues with unlicensed online wagering services in Australia. These services not only evade local regulations but also significantly impact tax revenues and consumer protection. In a recent development, the Australian Communications and Media Authority (ACMA) issued a formal warning to Best Bookies’ Price Pty Ltd for operating an unlicensed online wagering service, highlighting the government’s efforts to clamp down on such activities.
Successful in other countries
Australia’s recent decision to ban the use of credit cards for online wagering is reflective of a growing global trend towards similar regulatory measures.
Countries such as the United Kingdom and Sweden have already implemented comparable bans, aiming to curb the financial risks associated with gambling. These nations recognize the importance of protecting consumers from the potential harms of gambling-related debt.
The UK’s ban, introduced in April 2020, was a significant step in their ongoing efforts to promote responsible gambling on UK online casino sites, while Sweden’s regulations, effective from July 2020, demonstrate a similar commitment to consumer protection. Australia’s move to join this trend signifies a broader international effort to regulate the gambling industry more stringently and protect consumers at a global level.
Conclusion
The Federal Parliament’s decision to ban the use of credit cards for online gambling marks a notable advancement in Australia’s approach to gambling regulation. This move, supported by RWA, reflects a broader commitment to safeguarding the financial and mental well-being of Australians. While there are still challenges to be addressed, particularly in terms of unlicensed gambling operations and the exclusion of certain gambling forms from the ban, this legislation signifies a significant step towards responsible and regulated gambling practices in Australia.
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Kate WebbEditor in Chief
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