Amex Prevents Punters Gambling Online

19 Oct 2004

K -- As reported by the Register: "American Express and Citigroup took the decision to block the use of their cards because of concerns over fraud and fears that people might run up debts.

"The Financial Times reports that similar measures have been in place in the US for the last couple of years. The paper quotes Citigroup as saying: "We implemented this rule in the US two years ago but did not have the right systems to do it in the UK until last month."

"A spokesman for the UK's online gambling industry said that the move "smacked of a nanny state," insisting that people should be free to spend their money how they wanted. The UK government is currently looking to deregulate the UK's gambling sector while introducing new measures to ensure that legislation can keep up with new technology..."

Language: Any Language Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue Related Links British Online Gambling
	Amex Prevents Punters Gambling Online 19 Oct 2004 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> K -- As reported by the Register: "American Express and Citigroup took the decision to block the use of their cards because of concerns over fraud and fears that people might run up debts. "The Financial Times reports that similar measures have been in place in the US for the last couple of years. The paper quotes Citigroup as saying: "We implemented this rule in the US two years ago but did not have the right systems to do it in the UK until last month." "A spokesman for the UK's online gambling industry said that the move "smacked of a nanny state," insisting that people should be free to spend their money how they wanted. The UK government is currently looking to deregulate the UK's gambling sector while introducing new measures to ensure that legislation can keep up with new technology..."

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Amex Prevents Punters Gambling Online