iGaming helps gross gaming yield rise in the UK

The performance from the iGaming sector drove the growth in GGY. Credits: lindro.it

The performance of the online gaming sector in the UK has helped the GGY increase by 4.2%.

UK.- According to the latest figures accounted by the UK Gambling Commission (UKGC), the industry experienced an increase of 4.2% in gross gaming yield (GGY) to €16.1 billion for the 12 months ended March 31.

Remote gross gaming yield, which entails online betting, casino and bingo, posted a 12.8% growth from the prior year to €5.9 billion and accounts for 37% of the market total. The largest vertical was the casino one, with a 54.6% of the share – or €3.2 billion – while it is closely followed by fixed odds betting, which generated 38.7% of the total to €2.3 billion.

The other three verticals, bingo, pool betting and exchange betting, totalled €184.9 million, €32.2 million and €179.6 million respectively. Moreover, slots drove online casino’s GGY, generating €2.2 billion.

The sports betting segment was dominated by football, with GGY of €1.1 billion, followed by betting on horse racing, which accounted €684 million. The number of players increased by 14.4% to 35.4 million, and active customer accounts rose 12.9% year-on-year to 33.6 million.

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