(C of E) Bishop Alan Smith welcomes the credit card gambling ban

The Bishop of St Albans, Dr Alan Smith, has welcomed an announcement from the Gambling Commission that consumers will no longer be able to use credit cards to gamble from April 2020.

“This marks a significant step in progressive policy-making, reducing the risks to gamblers,” he said, following the announcement.

“For too long people have been vulnerable through gambling with money they don’t have, using credit cards, additionally incurring the costs of borrowing alongside any losses.

“I have been calling for this change as consultation turned into consultation, while gamblers were facing the consequences of delay.

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Posted in Church of England (CoE), CoE Bishops, Corporations/Corporate Life, Ethics / Moral Theology, Gambling, Personal Finance & Investing, Religion & Culture

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