Ep 472: Visa & Mastercard payments shine spotlight on gambling black market

In the latest episode of iGaming Daily, SBC's Editor-at-Large, Ted Menmuir, is joined by his SBC News Editor successor, Ted Orme-Claye and Senior Journalist, Viktor Kayed, to delve into the relationship of gambling and payment networks. The UK Gambling Commission (UKGC) has once again asked customers to be aware of illegal websites as some have been found to be offering easily accessible deposits.An investigation by the Observer revealed that a total of 10 unlicensed online gambling providers available to UK customers had incorporated Mastercard and Visa payments into their websites.The trio discuss the complexities of gambling regulation in the UK, focusing on the roles of major payment networks like Visa and Mastercard in facilitating transactions for illegal gambling operators. They highlights the accountability of these networks, the role of payment acquirers, and the regulatory challenges faced by authorities like the UK Gambling Commission in tackling illegal gambling activities. To read more into the topics discussed in today's episode, click on the following link:- https://sbcnews.co.uk/europe/uk/2025/03/11/ukgc-mastercard-visa/Host: Ted MenmuirGuests: Ted Orme-Claye & Viktor KayedProducer: Anaya McDonaldEditor: James RossiGaming Daily is also now on TikTok. Make sure to follow us at iGaming Daily Podcast (@igaming_daily_podcast) | TikTok for bite-size clips from your favourite podcast. Finally, remember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service.