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Version date: 23 October 2024 - onwards

165. Obligation in respect of method of payment for relevant gambling activity

(1) A licensee to whom this Chapter applies shall not -

(a) accept payment for a relevant gambling activity by credit card,

(b) extend a credit facility to a participant, or

(c) participate in, arrange, permit or knowingly facilitate the giving of credit in connection with a relevant gambling activity.

(2) The prohibition in subsection (1) includes payment by electronic or digital means which uses money loaded from a credit card.

(3) In addition to what is provided for in subsection (1), the Authority may, where it is satisfied that a form of payment, a type of customer account scheme or a feature of a customer account scheme may contribute to excessive or compulsive gambling, prescribe -

(a) the form of payment for a relevant gambling activity as a form that shall not be accepted by a licensee to whom this Chapter applies,

(b) the type of customer account schemes as a type that a licensee to whom this Chapter applies may not provide for relevant gambling activities, or