23/12/2022
More people have been turning to tools that block them from gambling amid the cost of living crisis.
Online bank Monzo revealed that it has seen 50,000 of its customers make use of its gambling block tool for the first time over the past six months.
This is a third more than the number of people who started using it in the previous six months.
The lender also blocked 20% more transactions than it did in the prior period, it said.
And amid growing cost pressures, rising inflation, and shrinking household budgets, it seems more people are turning to the tool.
Online gambling has moved at a dizzying pace into the online era - with casinos and betting shops replaced by smartphones and apps causing a huge rise in gambling addictions.
Help Lines
0808 8020133- Gambling helpline
111- nhs helpline
0800 0684141 - su***de helpline
116 123- Samaritans
0800 6895652- su***de prevention
0800 585858- CALM
0300 1233393- MIND
0300 123 6600- FRANK Drug helpline