UK study shows how financial institutions can help fight gambling addiction

The report highlights innovative approaches financial institutions can take to support individuals affected by gambling-related harm. It suggests that banks can play a role in raising awareness of potential gambling issues among their clients by implementing features such as gambling blocks. Additionally, these institutions can conduct spending analyses to identify irregular transaction patterns, enabling them to intervene early and offer assistance to customers dealing with gambling-related problems.

 

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I feel addressing how financial institutions can help fight gambling addiction highlights the importance of collaboration between financial institutions and the gambling industry to address the issue of addiction. The study suggests that by providing customers with tools such as self-exclusion or setting limits