Turkey Places Restrictions on ATM Withdrawals as Part of Illegal Gambling Crackdown

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Restrictions on ATM withdrawals and money transfers will be introduced in Turkey as part of the country’s efforts to combat illegal gambling, Azerbaijani news outlet Trend reported citing information from the Turkish Banking Regulation and Supervision Agency – Bankacılık Düzenleme ve Denetleme Kurumu (BDDK).

Individuals who tend to withdraw the maximum amount of money allowed per day from ATMs will have their bank accounts under scrutiny, the regulatory body has revealed. A BDDK spokesperson has explained that there are more than 5 million people in Turkey who engage in illegal gambling activities and they usually withdraw money from ATMs to gamble.

Back in July, the Turkish government announced that it would launch an illegal gambling clampdown in a bid to curb the illegal provision of gambling services in the country and the social ills arising from this. Speaking of the legality of gambling, activities of this type are prohibited under Turkish laws with very few legal exceptions.

It can be said that state-run lotteries and online gaming websites as well as certain forms of sports betting, with these too being run by the state, are the only gambling services that are allowed within the country’s borders. Here it is interesting to note that Turkey had a very profitable casino industry, but land-based casinos were eventually banned due to concerns that these were targeted by criminals for money laundering.

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