According to the latest reports, the average income of this country was increased by virtue of precisely online gambling.
Detailed Statistics:
UKGC (The UK Gambling Commission) has recently conducted a research and got some unbelievable results as far as this topic is concerned. Namely, from April last year, to March this year, the market’s general gambling revenue hit staggering £14.4 billion!
In comparison to other time span (from April 2016 to March 2017) this represents a 4.2% rise. Online gambling accounted for £5.3 billion of the latest total, while, on the other hand, online share increased to more than 37%.
Betting takes the second place with twenty-three percent share. Right after it, the National Lottery (with 21 %), casinos (with 8%), bingo (with 5%), big society lotteries (with 4%) and arcades (with 3%) follow.
The UKGC approved online activity licenses to 888 casinos, as of March this year. The numbers were slightly different in 2017. Furthermore, 780 of them were issued by the end of March last year.
Companies who are in correlation with the gambling industry and at the same time are based in this country, hold a 41% share of online activities. Right after them is Malta with 21%, while the Isle of Man and Gibraltar are at 7%.
Types Of Online Entertainment That Earned The Most:
According to statistics, when it comes to online gambling revenue, online casino games brought in the most money - £2.92 billion!
Moreover, the online betting ended up on the second place with £2.07 billion, while Bingo barely managed to (£164.8 million) outmarch exchange betting (£160.6 million). The last, but not least is pool betting with £28.7 million.
The last year’s reports showcased that slots accounted for 64.5% of online casino revenue. The situation is different now. It has jumped to 69.1%.
Table games, including roulette took the second place with a 14.5% share. Poker, on the other hand didn’t make any progress over the same period of time. The revenue went from 5.9% to 3.7%.
Sports VS Online Betting:
Although Great Britain is a cradle of different types of sports, some researches showcase that online betting is currently more attractive to their people.
For instance, football accounted for almost half of online betting revenue with £1.04 billion. Horse racing follows with £610 million, while other sports activities didn’t bring in as much as these two.
Previous statistics once again displayed different results in 2018 and in 2017. According to them, this year at the end of March, there were 33.6 million online accounts that are active, which is almost four million more when compared to last year.
Source: “Online Gambling Claims Ever-Larger Share Of UK Market” https://calvinayre.com/2018/12/06/business/online-gambling-larger-share-uk-market/.Calvin Ayre. December 6, 2018.
Comment: I knew that this industry is in the expansion, but I had no idea that it is this much! Shocking!
