Re: Platform refusing to benefit from gambling

Quote from: peter0425 on Today at 06:55:17 PM

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?

There should be no surprises here, it's not that they don't want to benefit from gambling.

But they are Singapore base company which has as very strict law as far as gambling goes. Even if they have one of the biggest in Asia, they won't allow their locals to play in their own casino. Mostly tourist goes there to play.

And they have multiple laws in place to check gambling and so maybe it also includes company as well to not engage themselves in gambling.