Remote Gambling Still Popular among the British, Says UKGC Report
The UK Gambling Commission (UKGC) has recently revealed the statistics which show detailed information on its activities across all gambling sectors.
The released data covers the period from October 2016 to November 2017 and shows latest trends and changes in the market.
Numbers Are Up
The main regulatory body in the UK revealed the gaming industry generated an overall gross gambling revenue of £13.9 billion, which is an increase of 0.7% when compared to the period from April 2016 to March 2017.
On the other hand, the number of employees recorded a drop of 0.8%, which is not a surprise since the total number of betting shops on the territory of the UK went down by 3.2%.
A total of 106,366 people were employed in the gambling sector in September 2017.
The number of gaming machines in the country has also been reduced to 183,928. This was caused by the government’s decision to limit the maximum stakes on fixed odds betting terminals to £2.
The UK gambling watchdog has also revealed the virtual betting generated £169 million in gross gambling revenue during the 12 month period.
Remote Gambling Rules the Market
Remote gambling remained the biggest sector in the gambling industry, accounting for 35.2% of the overall market. Its gross gambling revenue reached the sum of £4.9 billion.
When it comes to the remote sector, online casino games generated £2.7 billion in revenue, mostly through slot games.
The betting sector has generated £2.0 billion, while football and horse betting remained the most popular verticals.
The gross gambling revenue of non-remote gambling sector has decreased by £93.7 million to a total £3.3 billion. This number shows the years to come could be tough for the non-remote betting, especially due to the new gambling legislature.
As revealed by the UKGC report, there were 649 bingo halls in Great Britain in March 2018, which represents a year-on-year increase of 2%.
Furthermore, two new casinos have opened its doors since March 2017, so the current number of casinos in the UK is 152.
The number of licensed arcades in the UK stood at 1,810 in March 2018, which is a drop of 3.5% from March last year.