Gambling Act 2005 (Amendment) Bill [HL]
Official Summary
A Bill to prohibit payments for remote gambling to be made using money obtained on credit; and to prohibit the use of cash machines on premises licensed for gambling
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Overview
This bill amends the Gambling Act 2005 to prevent gambling using credit and to ban cash machines on gambling premises in England, Wales, and Scotland. The aim is to reduce problem gambling by limiting access to readily available funds.
Description
This bill makes two key changes to the Gambling Act 2005:
Prohibition of Credit for Remote Gambling:
The bill adds a condition to remote gambling licenses, prohibiting the acceptance of payments made using credit. This includes any payment method where money is borrowed, such as credit cards or online loans. This applies to existing and future licenses.
Prohibition of Cash Machines on Licensed Premises:
The bill bans the installation of cash machines on premises licensed for gambling. This includes ATMs and any machines allowing cash withdrawals via credit or debit cards. The ban applies to cash machines both inside and on the outside walls of licensed premises, and affects current and future licenses.
Government Spending
The bill is not expected to significantly increase or decrease government spending. The costs will likely be associated with enforcement and monitoring of the new regulations.
Groups Affected
This bill will affect several groups:
- Remote gambling operators: They will need to change their payment processing systems to comply with the credit ban.
- Gambling premises licensees: They must remove any cash machines from their premises.
- Gamblers: They will have less access to funds for gambling, potentially reducing the risk of problem gambling.
- Financial institutions: They may see reduced transaction volumes related to gambling.
- Cash machine providers: They will face loss of revenue due to the ban.
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