Will Spain Follow U.K. to Ban Credit Card Bets?

A Spanish consumer watchdog group known as FACUA (“Consumers in Action”) is urging Alberto Garzon (l.) to follow the example of the U.K. and ban all wagering funded by credit cards. Garzon will serve as minister of consumer affairs in the new PSOE-Podemos left-wing government.

Will Spain Follow U.K. to Ban Credit Card Bets?

The Spanish consumer watchdog agency FACUA (“Consumers in Action”) is urging incoming Minister of Consumer Affairs Alberto Garzon to follow the U.K. and ban all wagering funded by credit cards.

According to SBC News, the new left-wing coalition government, PSOE-Podemos, has transferred gaming regulatory powers from the Finance Ministry to Consumer Affairs.

FACUA has come out in support of new measures to define limits on the advertising and marketing of gambling, and restrictions on retail gambling enterprises. In a statement, it asked the coalition to add to these “positive steps” by implementing a federal ban on credit wagering, as recently decreed by the UK Gambling Commission, to further protect Spain’s “vulnerable consumers from falling into debt.”

“The association asks the government to follow the example of the United Kingdom, which has just approved this measure of protection for the most vulnerable people, that aims to minimize risks to consumers by preventing them from accumulating debts due to gambling, making it the only country in our region that restricts the use of credit cards in this industry,” it said.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.