Great Britain Falters Slightly in Term Ending in November, with New Results Almost Certain to to Drop off FurtherPublished June 15, 2020 by Lee R
Sequential year-end term showings from the latest GBGC reports suggest a faltering market which iGaming could not offset.
The Great Britain Gambling Commission GBGC has reported a slight decline for its latest year-long measuring period.
The Key Drop
With a total decline visible in gross gambling yield GGY for the year term from October 2018 to September 2019 at .05%.
In the same term, overall market revenue fell to £14.26bn (€15.89bn/$17.47bn), off from £14.33bn reported in the 12 months to 31 March 2019, including a six month data overlap. This represented a 1.4% year-on-year decline compared from the year ending 30 September 2018.
Struggles in the land-based sector drove the decline: gambling premises in operation fell 9.6% to 9,745, while the number of betting shops fell 12.1% to 7,315, with figures driven downwards by the B2 stake cut in April 2019.
Total gaming machine yield down 11.8% to £2.5bn; while overall revenue for land-based casinos dropped 0.6% to £1.05bn.
Online Gaming's Partial Growth
In the online sector, GBGC figures for gross yield over the 12 months to 30 September totaled £5.51bn, representing a 4.3% increase compared to the year to 31 March 2019 that was nonetheless down 1.8% year-on-year. The online casino vertical contributed £3.19bn, followed by £2.12bn from betting and bingo's £198.1m contribution.
As far as yearly activity through 30 September 2019, players held 30.2m accounts with licensed operators, for a 2.7% drop-off from 31 March, while new account registrations fell 5.6% to 31.5m through 30 September.
National lottery sales grew 3.9% to £7.49bn, with £4.30bn of that awarded as player winnings with £1.58bn issued to good causes and £901.7m going to lottery duty; and retailers receiving £304.3m in commission.
Additional online and land-based lotteries generated total sales of £775.6m for the 12-month period.
With the GBGC publishing data results for the year ending 31 March 2020 in November, figures adjusted for takes with and without COVID closures appear the key impending distinctions.