HSBC targets lockdown gamblers with spending block increase

High-street banking giant triples cooling-off period to 72 hours citing October rise in gambling GGY

HSBC has tripled the cooling-off period on its gambling spending block feature from 24 to 72 hours. The high street bank, which introduced the spending block in 2020 as part of wider curbs on gambling-related spending, cited a perceived increase in gambling during lockdown as a reason to reconsider the duration of the cooling-off period.…

Latest posts