#Lloyds Bank

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Monzo: Consumer use of gambling blocking tools increases

The increase in costs of living has prompted many more people to gamble, but it's not all bad, argues Monzo, an online bank in the United Kingdom, which has taken a detailed stock of the market and noticed that consumers are increasingly turning to gambling-blocking tools to control their spending and habits. Monzo itself is a pioneer in the…
Gambling Addiction
Monzo: Consumer use of gambling blocking tools increases
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Bank Account Gambling Block Usage on the Rise in the UK

More and more people in the UK are now using tools that block them from engaging in gambling in the midst of the cost-of-living crisis. Online bank Monzo has disclosed that about 50000 of its customers have activated a gambling block on their accounts for the very first time in the last six months. blocking 20% more gambling-related transactions in…
Gambling Addiction
Bank Account Gambling Block Usage on the Rise in the UK
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Gambling News

Monzo’s Gambling Protection Tools Set an Example for the Banking Industry

UK-based online banking provider Monzo shared some data regarding its gambling block tool. The company was one of the first to provide a similar service, and recent reports indicate that significantly more people have been taking advantage of it. Monzo's customer-centric approach has also inspired other financial institutions to introduce similar…
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Bank move allows customers to limit how much they spend on gambling each month

Lloyds Bank customers will be able to set personalised limits on how much they spend each month on gambling using their debit card, as part of a trial. The feature allows people using the Lloyds Bank mobile app to set a monthly debit card gambling limit of any amount to the nearest pound, when spending online, in person or over the phone. The new…
Gambling Addiction
Bank move allows customers to limit how much they spend on gambling each month
Racing Post

The 'dodgy dossier' of evidence that could mislead government in gambling review

Dan Waugh of Regulus Partners, a strategic advisory business, examines the quality of the evidence on which the government will base its gambling review white paper The government is reportedly close to publishing its white paper on the reform of Britain's gambling laws and has stressed that changes to legislation will be evidence-based. The…
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Daily Mail Online

The deadly truth about betting: Gambling addicts are more likely to die early, research shows

The scale of Britain's gambling epidemic was laid bare today in a shocking study that linked problem betting with early death. The Oxford University research found that more than half a million Britons are spending £900 a month on their habit - and 200000 are paying out more than £1800. The study also showed the devastating impact on the health of…
Gambling Addiction
The deadly truth about betting: Gambling addicts are more likely to die early, research shows
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