20/12/2024
Gambling addiction is a complex issue that affects millions of people worldwide, with far-reaching consequences not just for individuals, but also for their friends, families, and communities. The financial, emotional, and social costs of gambling harm are often overlooked, leaving many without the support they need.
To address these challenges, we are excited to announce our latest partnership with Sibstar, an innovative debit card and app designed to help protect individuals from gambling-related harm. This collaboration aligns with our shared mission to provide effective tools for reducing gambling harm and supporting those in recovery.
Sibstar offers a range of money management features that empower customers to regain control of their finances. The Sibstar debit card can be loaded with a chosen amount of money, and its functionality can be managed via the Sibstar app. Key features include:
- A gambling block to prevent transactions with gambling merchants.
- Spending controls, including monthly, daily, and ATM withdrawal limits.
- Online and phone transaction switches, enabling users to control where their money is spent.
- Instant freeze/unfreeze functionality for added flexibility.
- Auto top-up options to maintain a daily balance.
- Real-time notifications to track spending in detail.
What makes Sibstar unique is its dual-management capability. Customers can self-manage their app and debit card or choose to share management with a trusted friend or family member. This added layer of accountability ensures that individuals who need extra support have it readily available.
Sibstar’s approach to money management is built around self-empowerment and informed decision-making, which are critical for addressing gambling harm. By providing practical tools and real-time support, Sibstar enables individuals to set their own limits, monitor their behaviour, and make healthier financial decisions.
Through this partnership, we aim to build on our promotion of Layered Self-Exclusion by promoting further resources available to individuals seeking to quit gambling with Gamban. Together, Gamban and Sibstar want to create more robust pathways to assist with addiction recovery, encouraging individuals to take steps that enhance their likelihood of gambling abstinence.
As gambling harms continue to grow, innovative solutions like Sibstar are more important than ever. This partnership represents a significant step forward in promoting healthier, more informed money management and supporting long-term recovery.
Learn more about Sibstar here. - https://www.sibstar.co.uk/quitgambling
