A FORMER gambling addict has welcomed a ban on using credit cards to place online bets but says gamblers will 'always find a way.'

Jordan Letourneau spoke out after a new nationwide gambling ban on using credit cards was announced.

Mr Letourneau, aged 26, struggled with gambling for six years but says he finally stepped away from it after realising he had lost all his money.

Mr Letourneau, from St Peter's, said: “I gave up gambling after realising that the house always wins, the devastating lows are not worth the highs. I was depressed and broke all the time.

“I finally gave up two years ago, it was Christmas Eve and I had lost all the money I had.

“It was difficult to stop as gambling was only ever a click away.

“I was pleased when I saw that gambling with credit cards will be banned. I always used credit cards, stupidly thinking it was free money, but I don’t think it is good enough.

If people want to gamble they will always find a way.

“More needs to be done to help prevent gambling addictions, it can be seriously dangerous. I have heard stories of people killing themselves over their gambling debts. It is no way to live.

“I would like to see more regulation regarding online gambling and less adverts on social media and TV enticing people to join up to gambling sites. It is wrong.”

According to the Gambling Commission 24 million adults in Great Britain gamble, with 10.5 million of those gambling online.

UK Finance estimate that 800,000 consumers use credit cards to gamble.

But the Commission says companies will face “tough enforcement action” once the ban is introduced, as the government tries to address the issue of problem gambling.

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Neil McArthur, Gambling Commission chief executive, said: “Credit card gambling can lead to significant financial harm. The ban that we have announced should minimise the risks of harm to consumers from gambling with money they do not have.

“We know that there are examples of consumers who have accumulated tens of thousands of pounds of debt through gambling because of credit card availability.

“The ban is part of our ongoing work to reduce gambling harm. We also need to continue the work we have been doing with gambling operators and the finance industry to ensure consumers only gamble with money they can afford to spend.”

The ban comes into effect on April 14 2020.