Client Protection: Primary Goal
An important change in Australian law has come into force, preventing the use of credit cards for online betting. The move, led by Responsible Wagering Australia (RWA), is backed by CEO Kai Cantwell, who stresses its need to protect customers.
Since this year, RWA has been actively engaging with the Commonwealth Government and financial sectors to push for legislative changes. The decision to ban credit cards from online betting has received widespread support from the RWA and its members.
Game Control
The main purpose of this change is to give customers more control over their gaming behavior. Cantwell emphasizes that this is an important step in ensuring a safe and sustainable regulated gambling environment.
The ban applies to all forms of gambling, including those operated by RWA members. This demonstrates the strength of existing safe gambling management tools and the commitment to expanding protections for all players.
Collaboration in Action
An assessment of the National Consumer Protection Framework (NCPF) is expected to be carried out soon, in which RWA intends to actively participate. The goal is to ensure that security tools meet high standards and support a safe gaming environment.
Australia has always been a leader in responsible gaming. Recent actions by AUSTRAC, including Sportsbet's commitment to strengthen enforcement of anti-money laundering and anti-terrorist financing laws, highlight this commitment to a safe and fair gaming environment.