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The Lottery Corporation calls for credit card ban exemption

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The $10 billion lotteries giant has urged the Senate to allow its customers to continue using credit cards to buy scratchies due to “low harm”.

The Lottery Corporation has called for an exemption from looming gambling reform which seeks to prevent punters from gambling with credit cards due to the “low harm nature” of lotteries.

The Australian Banking Association said it welcomed the policy change to bring online gambling in line with in-venue gambling and said the onus should be on the wagering providers to implement the ban. Financial Counselling Australia’s Lauren Levin said in a submission to the Senate: “The lottery sector and its products cause serious gambling harm and should also be subject to the same consumer protection legislation as other online forms of gambling.”

Source: Loan Digest (loandigest.net)

 

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