• Revolut Card App
• Revolut Card Ireland
• Revolut Card Gambling Rules
• Revolut Card Gambling Card
• Revolut Debit Card
• Can You Use Revolut For Gambling

Revolut is a revolution in the digital payments and aims to change the way we bank in the future. But can you use this ground-breaking technology to deposit funds to gambling sites? In this article, we’re going to cover Revolut gambling. Can use your Revolut card to deposit to bookmakers? And also explain some of the benefits of doing this. Convenience: Revolut is widely accepted in card form by thousands of businesses, including many of the world’s most popular online casinos. This makes depositing and withdrawing as easy as can be, allowing casino fans to get involved with all the latest gaming action in next to no time.

Revolut Card App

Following the UK Gambling Commission’s (UKGC) credit card ban, Fintech ‘neobank’ Revolut has confirmed that it has suspended all payments to and from UK gambling sites, transacted through its popular app.

Revolut this week informed its users that UK customers ‘won’t be able to use their Revolut cards for any online or offline gambling payments in the UK’.

The statement from the Fintech bank read: “This applies to all non-remote general betting, pool betting and betting intermediary licences, and all remote licences. While many people gamble responsibly using a credit card, the aim of these new regulations is to help protect those most at risk from gambling money they do not have.”

Revolut Card Ireland

Revolut Card Gambling Rules

The announcement comes after the UKGC’s review of online gambling and the Government’s Review of Gaming Machines and Social Responsibility Measures, whereby the regulator implemented its outright ban on credit card wagering across all gambling verticals.

Revolut Card Gambling Card

Revolut Debit Card

The anticipated ban on all credit transactions was approved this January, marking the Commission’s first industry-wide regulatory enforcement for 2020 proceedings. The credit ban applies to all online and offline gambling verticals with the exception of non-remote lotteries including physical National Lottery tickets and scratch cards purchased at retail outlets.

Can You Use Revolut For Gambling

Announcing the credit card ban, the UKGC underlined that ‘22% of online gamblers using credit cards to gamble are classed as problem gamblers – with even more at some risk of harm’. The UKGC and its policy advisors have highlighted that they believe the enforcement will reduce problem gambling factors.