Interactive Gambling Amendment (Credit Card Ban and Acknowledgement of Losses) 2023

# Interactive Gambling Amendment (Credit Card Ban and Acknowledgement of Losses) Bill 2023 ## What it does This bill stops online gambling operators from accepting credit card payments from customers. It also requires gambling sites to get customers to acknowledge their losses before allowing them to keep gambling. ## Why it matters Credit cards let people gamble with money they don't have in their pocket, making it easier to lose more than they can afford. These changes are designed to act as a speed bump—forcing people to pause and think about what they're actually losing before they keep betting. ## Key details - **The ban applies to**: Credit cards and anything linked to credit (like buy-now-pay-later services attached to credit accounts) - **When it starts**: Six months after the bill becomes law, giving gambling sites time to update their systems - **What "acknowledgement" means**: The bill refers to this but the full details are in Schedule 2, which isn't shown in this excerpt—essentially, you'd need to actively confirm your losses before continuing to gamble