Monzo Calls for Gambling Block in Government Letter

Digital bank, Monzo, has makes for a gambling block in an open letter to the UK Government. Monzo believes every customer should be able to bar themselves from gambling online, sharing the view of researchers and charities who together have written an open letter to sports minister, Nigel Huddleston

“We believe the Government should take the opportunity afforded by the Gambling Act review to make sure every consumer in the UK can access these blocks - regardless of who they bank with,” the letter read.

“These tools are simple to build, proven to work, and will help protect hundreds of thousands of people.”

Monzo said over 275,000 of its customers are using the gambling block it installed in 2018, and that more than 90% of people keep it on, but raised concerns that 40% of UK current accounts do not have such a block.

The letter continued:

“The Government will also need to take steps to future proof these tools, and address new developments in the online gambling market to make sure such comprehensive payment blockers and harm reduction measures work today, next year, and in the decades to come.”