Gambling Commission: Problem Gambling Debate
Full Debate: Read Full DebateBaroness Manzoor
Main Page: Baroness Manzoor (Conservative - Life peer)Department Debates - View all Baroness Manzoor's debates with the Department for Digital, Culture, Media & Sport
(4 years, 5 months ago)
Lords ChamberThere are a number of elements in the noble Lord’s question. On the number of problem gamblers, he is quite right that it has become much easier to gamble and there is a lot of sponsorship and advertising around gamblers. The percentage of problem and at-risk gamblers has actually stayed very stable over the years, but the Government have a manifesto commitment to review the Gambling Act to make sure that it is fit for the digital age. The noble Lord will be aware that significant investment is being made through the NHS in specialist treatment clinics for problem gamblers.
My Lords, gambling addicts can accumulate a significant amount of debt and in order to pay it off, they are sometimes taking out personal loans and credit cards. What are the Government doing by way of working with the banks and financial institutions to identify and address the issue and curb this, as it is increasing? I declare an interest as the chairman of the Financial Ombudsman Service.
I thank my noble friend for her question. On the risk of problem gambling, all operators will have to join GAMSTOP, the one-stop online self-exclusion scheme that will come into effect at the end of this month. As she will be aware, the Government announced the banning of credit card gambling, which is extremely important because less than 1% of the population are problem gamblers but 22% of credit card gamblers were found to be so. I look forward to talking to my noble friend more about what else we can do in relation to the financial services industry.