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In the ongoing 2019 General Election campaign, gambling has not been a focal point, but the Liberal Democrats have now taken a firm stand. They declared that they intend to outlaw the use of credit cards for placing bets both online and within local betting shops, should they secure a victory in the December elections.
The Lib Dems' decision likely didn't come as a shock to bookmakers. Earlier this month, the All Party Parliamentary Group on Gambling Related Harm also recommended a similar prohibition on credit cards for online betting in their report. The use of credit cards has long been a point of concern since it allows gamblers to potentially wager beyond their means. online bookmakers Currently, the UK Gambling Commission is concluding its consultation phase regarding the utilization of credit cards in the gambling industry. They've suggested that any movement towards a full ban will be contingent on receiving input from both the industry and consumers.
Right now, the odds are slim for the Liberal Democrats making it into power. Despite being the only unequivocal pro-Remain party, their support in polls has taken a nosedive since early September, particularly after they announced their plan to cancel Article 50 if victorious. Only a month ago in September, the odds for the Lib Dems to capture the most seats stood at 14/1, a figure that has now plummeted to 200/1 according to bookmakers.
In coming weeks, expect the Labour and Conservative parties to unveil additional policies, particularly regarding gambling issues. This should provide insights into potential government regulations moving forward. Boylesports !
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