UKGC reports industry statistics

The gambling regulator from the UK published its latest update on industry statistics.

UK.- The UK Gambling Commission (UKGC) has revealed its latest industry statistics in which it aims to provide a snapshot of activity, market changes and trends across all gambling sectors for the period October 2016 to November 2017.

Numbers show that the total gross gambling yield (GGY) of UK’s gambling industry was £13.9 billion, which represents a 0.7 per cent increase from April 2016 through March 2017. Remote gambling continues to be the largest sector within the industry, as it holds 35 per cent of it, which represents a one per cent increase from April 2016 – March 2017. Total GGY for the remote sector totals £4.9 billion, a 3.7 per cent increase from that period.

However, the number of people employed in the gambling industry decreased 0.8 per cent, mainly because the number of betting shops fell 3.2 per cent to 8,532 during that period. This trend is expected to continue as the government decided to cut the maximum stake on FOBTs from £100 to £2.

Moreover, there are 152 casinos in the UK as of March 2018, two more than the same month a year before, and 649 bingo premises, 13 more than last year. On the other hand, there are 8,532 betting shops, 279 fewer than March 2017.