New Zealand banks look set to enforce credit card restrictions for bettors that use them to fund their gambling activities. Contrary to other countries, the efforts towards combating problem gambling in NZ have paled in comparison. Some of the major banking in the island nation plan to restrict credit card payments at online gambling platforms. The move has the backing of anti-gambling group ANZ, which advocated for the measure last year in December.
New Zealand Problem Gambling Measures
The effect of banning credit card usage for gambling to reduce the debt that Kiwi players are under remains questionable. The pressure to institute credit card restrictions on gambling in New Zealand came as a result of similar measures enacted in the international community. Australia has seen one of its major banks prohibit Aussies from making credit card transactions at casinos online. Anti-gambling group, the Labour Party has also advocated for similar measures in the UK.
Advocates for Credit Card Restrictions in NZ
It stands to reason that limitations put on the credit cards can, in some way, encourage responsible gambling in New Zealand. The major banks have prioritised their social responsibility in the face of losing millions of profits. It should be noted that credit card gambling is only but a single banking option in a list of several deposit methods that players can use to fund their gambling habit. However, this step has been met with much appreciation in the fight against gambling addiction in New Zealand.
If you or anyone you know may be suffering from gambling addiction, you can seek help from several organisations that offer support and counselling for addicts. Check out our responsible gambling page to find out how to spot signs of problem gambling. Players can seek help immediately here. Keep it locked to www.kiwicasinos.nz for the latest gambling news in New Zealand.