Banks: Gambling

(asked on 3rd December 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will take steps to ensure that all banks provide a gambling block to help prevent gambling harm.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 13th December 2021

The Government recognises the important role banks and other financial services can play in supporting efforts to tackle gambling related harm. On gambling blocks, I am pleased that many banks have acted to offer their customers the option to block debit card transactions to licensed gambling operators, which is estimated to now be available for approximately 90% of UK current accounts.

The Government welcomes this progress and continues to work together with industry to identify what more can be done in this area. As such, I will shortly co-convene a roundtable with the Minister for Technology and the Digital Economy to look at opportunities for additional progress which further support UK consumers.

The Government is reviewing the Gambling Act 2005 to make sure it is fit for the digital age. This is taking a close look at the effectiveness of existing protections for gamblers in preventing harm and how these could be improved. The Department for Digital, Culture Media and Sport is considering the evidence carefully and aim to publish a white paper outlining any conclusions and proposals for reform in due course.

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