Post
Topic
Board Gambling discussion
Re: Platform refusing to benefit from gambling
by
Stepstowealth
on 07/09/2025, 22:18:57 UTC

Even if online gambling could significantly boost its earnings, Singapore-based financial technology (fintech) firm Atome stands firm on giving no platform to e-gamblers as it eyes growing its client base to more than two million by year-end.

Atome is a pay later card where they claim to help their customers to pay for what they need in their lives. Its CEO claims that there is no need to help people pay for gambling because it is not a necessity even though he knows that if he allows gambling to be part of their system, they will rake in huge profits.

Do you think they are making the right choice? Are they helping gamblers become more responsible or are they just missing out?
I don't know what his reasons for refusing gambling are but I feel he is being too emotional with business.
He may actually be making a good decision for his business knowing that no amount of money giving to a chronic gambler will be enough for him, and because of how much a gambler must have gotten in debt even before they win something, they may never be able to fully pay back what they have collected. To avoid the stress, simply just focus on people who you know have a higher chance of being responsible because of their needs which are more important than gambling.

If there is another platform that is willing to offer these help to gamblers, it is okay to do so. Competition is good for the economy.