PROHIBIT CREDIT CARD USE FOR SPORTS BETTING

By Bob Katzen

The Senate 39-0, approved an amendment to a section of the sports betting bill that prohibits a credit card from being used to place bets. The amendment clarifies that any use of credit, whether the credit card itself or some other third-party, is prohibited.

Amendment supporters said that without the amendment, a consumer could link a credit card to an online payment system, such as PayPal, or use a credit card to purchase sports betting gift cards at retailers like 711, Walmart and various gas stations.

“Prohibiting credit card use, particularly for those with a gambling addiction, will prevent consumers from going into insurmountable debt,” said amendment sponsor Sen. Mark Montigny (D-New Bedford). “If the commonwealth is going to allow this form of gambling, then we have a responsibility to protect the public by ensuring all forms of credit are not allowed. We cannot leave significant consumer protections in the hands of a profit-driven industry, and this amendment ensures there are no credit loopholes for third-party payment methods like gift cards or online payment systems.”

(A “Yes” vote is for the amendment).

Sen. Patricia Jehlen Yes

One thought on “PROHIBIT CREDIT CARD USE FOR SPORTS BETTING”

  1. Thanks for taking to time to discuss this, I feel strongly about it and adore finding out additional on this topic. If feasible, as you acquire expertise, would you thoughts updating your blog with much more details? It is extremely useful for me.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.