Ireland’s largest banks will be able to block transactions of problem gamblers

One of the largest banks in Ireland, Allied Irish Banks (AIB), has introduced a new feature allowing customers to voluntarily block transactions related to gambling on their debit and credit cards. This initiative is designed to assist individuals struggling with gambling issues in avoiding financial difficulties. Geraldine Casey, AIB's managing director of retail banking, emphasised the bank's understanding that gambling can become uncontrollable, adversely affecting not just the individuals involved but also their families, relationships, financial stability, employment, and mental well-being.

In support of the initiative, Oisin McConville, a former Armagh football player and recovering gambling addict, expressed his endorsement of the bank's efforts, assuring others that recovery is possible and that help is available. He also provided guidance on recognising early signs of gambling addiction, which may include overdue bills, concealing gambling activities, or lying about them. He advised seeking help if an individual has incurred significant losses but continues to gamble and resorts to borrowing or selling possessions.

Experts estimate that over 130,000 people in Ireland face gambling-related challenges. Interestingly, studies show that individuals struggling with gambling often first disclose their problems to staff at financial institutions rather than to their family or friends.