Bank Account Gambling Block Usage on the Rise in the UK

Author: Live Casino Direct
 
Bank Account Gambling Block Usage on the Rise in the UK
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There was an increase of 33% in the number of people blocking gambling-related transactions in last six months.

Monzo launched the gambling block tool in June 2018. Since then half a million of Monzo's accountholders have used it. The block can only be deactivated if the accutcheur gets in touch with the support team and waits out a 48-hour deactivation period.

People in the UK and further afield are struggling with the rising cost of living. Many people are trying to cut back on discretionary spending. The Christmas period and the ongoing FIFA World Cup are driving some people to gamble. Gambling-related charities have seen a rise in problem gambling behavior since the beginning of the cost-of-living crisis.

Coalition Against Gambling Ads Coalition Against Gambling Ads 21 December 2022
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At the @GambleAware conference @mattzarb explained why we need to kick gambling out of football ⚽️

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Bet365 leads GambleAware donations in first three quarters Thursday 26 January 2023 - 8:03 am GambleAware received £13.2m (€14.9m/$16.3m) in donations from the gambling industry during the first three quarters of its 2022-23 financial year, a 17.5...

Bet365 leads GambleAware donations in first three quarters
Thursday 26 January 2023 - 8:03 am


GambleAware received £13.2m (€14.9m/$16.3m) in donations from the gambling industry during the first three quarters of its 2022-23 financial year, a 17.5...
Focus Gaming News Focus Gaming News 9 hr
@FocusGamingNews

@GambleAware publishes latest breakdown of donations Two donors accounted for 90 per cent of funding.

@GambleAware publishes latest breakdown of donations

Two donors accounted for 90 per cent of funding.