Self-exclusion software provider Gamban has announced it is to begin blocking cryptocurrencies and stock trading platforms in order to offer greater protection to its users.
Gamban’s self-exclusion system already blocks access to thousands of gambling websites, with this to be extended to cover certain trading platforms that operate within what Gamban described as a “gambling grey area”.
According to Gamban, trading can elicit gambling similar behaviour to gambling.
Following a number of requests from customers, it will therefore block access to platforms that offer cryptocurrency or stock trading.
Gamban said by blocking such platforms, this will give its users the best chance at recovery.
“Gamban not only blocks all types of online gambling, including black market products and crypto but also trading websites,” Gamban’s business intelligence officer James Forman said.
“One of the main differences between Gamban and self-exclusion schemes is that we are not required to integrate with websites in order to block access to them.
“This means we can move quickly and block emerging threats such as esports and skins gambling that have risen to prominence during the novel coronavirus (Covid-19).”
The expanded blocking commitment comes after Gamban in July linked up with experience marketing agency A Game Above on a joint venture to launch a new solution designed to help regulators and governments tackle on illegal gambling.
Yield Sec now serves as a technical and advisory tool, allowing regulatory bodies to monitor, police and enforce their betting and gaming markets. It offers access to a real-time database of black market sites, allowing users to develop or update their own operator blacklists.
