Gambling lock with banks
Deputy Shanahan asks whether other banks will follow AIB in offering a gambling lock on bank accounts. The Tánaiste praises the gambling legislation, says he will speak to the banks, and urges the House to pass the Bill quickly.
Discussion on the Gambling Regulation Bill continues in the Seanad this week. A particular area I have raised in the House before does not come within the scope of this Bill. That is the gambling lock, which is the ability for customers to put a gambling lock on their bank accounts. I commend AIB on finally implementing this ability. From speaking to counselling services, it will have a beneficial effect. More than 100 customers of AIB have already availed of this gambling lock. That shows that the need exists. Will the Tánaiste and Government go one step further and engage with Permanent TSB and Bank of Ireland to ask them to follow in the footsteps of AIB and Revolut and implement this tool? If this could be done before Christmas, we could be protecting families from further financial loss. Will the Tánaiste please look at that?
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I pay tribute to the Minister of State, James Browne, for his championing of the gambling legislation. He has put significant work into that. I hope the House can get that Bill passed through both the Dáil and the Seanad-----
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If the election does not get in the way.
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-----before anything else happens in the time ahead. I appeal to everybody in the House for co-operation in getting that legislation through. I agree with Deputy Shanahan about that gambling block. I will talk to the Minister and engage with the other banks about following the lead given by Allied Irish Banks with that initiative. Gambling has created enormous harm for families and individuals throughout the country. At long last, the Oireachtas is taking it seriously with the legislation. We need to follow through on it with actions.