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Credit Cards now cannot be used to fund gambling in the UK due to new legislation passed in the country. Changes due to the State Treaty on Gambling — gambling law requirements for payments In terms of gambling law, Section 6b 4 GlückStV must be observed in particular, according to which payments by the player to or from a player account with the organiser can only be made i from a payment account pursuant to Section 1 17 ZAGwhich ii has been established in the name of the player with iii an obligated party pursuant to Section 2 1 Nos.
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See more about UK casino licensing. The legal approach is to completely criminalise gambling but then to make exceptions for persons who comply with the licensing regime, pay the applicable tax, observe the applicable regulation and so on.
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In fiscal terms, operators have already suffered the removal of tax-exempt status for free bets and a ban on the use of credit cards, and a revenue-hungry Government may well look again at rates of duty.
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