U.k. Financial Institutions To Back Uk Gambling Restrictions (update)
By Casinomeister, Last updated Mar 7, 2014
The bankers turn out to be more cooperative than ISP firms in Britain
InfoPowa readers will recall the very firm refusal by British ISP companies to cooperate in any attempt by the government to impose blocks on unlicensed internet gambling sites when its new point-of-consumption laws come into force at the end of the year.
It appears from reports this week that the country's financial institutions have no such scruples, and have voluntarily agreed to collaborate in disrupting financial transactions between punters and unlicensed operators chancing their arms in the UK market.
Whilst the politicians debating the Gambling (Licensing & Advertising) Bill in the Lords this week failed to secure approval for government interference in blocking financial transactions, the major card companies – notably Visa Europe, Mastercard and PayPal – came up with their own voluntary agreement to do so when the legislation comes into effect.
Online Casino News Courtesy of Infopowa
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
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