New Zealand lawmakers ban credit cards for gambling ahead of market launch
New Zealand lawmakers moved to prohibit credit-card use for gambling as the country prepares to open its online casino market. The restriction is intended to prevent players from funding e-wallets with borrowed money; Internal Affairs Minister Brooke van Velden backed it as a consumer safeguard. The source also says the government set a 16% tax on online operators' revenue.
The restriction affects how prospective licensed operators can accept and process gambling payments.