A ban on using credit cards to gamble online in Australia is looming as a transitional period under a new federal government law ends.

Credit card betting ban
A ban on credit card deposits with online wagering operators will start from June 11. (Photo by Jaap Arriens/NurPhoto via Getty Images)

From June 11, customers can no longer fund online accounts held with licensed Australian bookmakers via a credit facility.

The ban relates to credit cards, credit-related products linked to digital wallets and cryptocurrencies.

Several prominent online operators will roll out the ban before the government deadline.

Betfair will be among Australia’s first wagering firms to implement the new laws.

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