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During a public hearing on the new model igaming legislation introduced by the National Council of Legislators from Gaming States (NCLGS) most of the feedback was positive but there were a couple of issues that proved controversial. Most notably, the prohibition of credit card deposits drew criticism.
Former regulator says no evidence credit card bans work
Former Director of the New Jersey Division of Gaming Enforcement David Rebuck was the most vocal critic. He was part of the group that consulted on the draft and helped develop language, but he made public his disagreement with that particular component of the bill.
“A one size fits all, maximum amount of money that can be wagered is not supported by evidence today. The ban on credit cards is also not supported by evidence and research today,” Rebuck noted. He also observed that the current draft of the legislation lacks definitions and licensing requirements for affiliates, which he believes is necessary for the industry.
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