New UKGC Era Has It's Baseline Data, Thanks to the Latest Study Sample
Published February 16, 2020 by Lee R
The growth of Great Britain is showing a steady decline in land-based casino play. What's next?
In the by now well-publicized new era of jurisdiction in the UK, a continuum of data has been established to track the progress of the new initiatives being introduced to revamp the regulation model.
The Study Continuum
With a new focus on player protection, UKGC data is going to be published twice a year moving forward, in May and November, with the next round due in May 2020.
Data Sample
These gambling industry statistics have to date offered data as official statistics provided by licence holders as culled from reported regulatory returns and lottery submissions.
Key findings from licence holders and lotteries from the latest reporting last November 2019 reveal key figures from the term of April 2018 to March 2019.
GGY
Total Gross gambling yield GGY in Great Britain is closing in on $15bn, at £14.4bn representing a .3% year-on-year decrease from Apr 2017 – Mar 2018.
Total GGY for the remote sector including online gambling reached £5.3 bn, for a year-on-year decrease of 0.6% from Apr 2017 – Mar 2018.
Slots Impress
The most important vertical in the remote sector is slot play, which totaled £2.1bn GGY for the latest April-March term, a significant 5.8% year-on-year increase.
Lottery's Social Contribution
The socialised national lottery measured in contributions (to good causes), totaled £1.5bn, for a decrease of 1.5% year-on-year; while Contributions to good causes from large society lotteries reached £332 m (11% year-on-year increase).
Economic Shares
Total number of employees in the Great Britain gambling industry decreased to 102,782, 5.5% year-on-year; and the marketshare of remote betting, bingo, and casino sector fell slightly to 37% (.1% year-on-year decrease).
Land-Based Performance
Total number of land-based gaming premises in Great Britain stood at 10,761 for the year term (3.2% decrease year-on-year); with a total GGY take of £2.8bn for Great Britain's gaming machines (0.5% year-on-year increase); and £1.1bn total GGY for land-based casinos in Great Britain (10.3% year-on-year decrease).
Assessment
The key figure jumping out is the consistent decline among land-based casinos confirming the incoming takeover of online gaming as the dominant form of play in Great Britain, and further reflective of the palpable rapid growth of mobile use worldwide.
Vertical Rises
At this point, the shift to online play is being spearheaded in the UK by online slot offerings, indicating that slots represent the most fertile iGaming vertical in the massive UK market, the world's largest iGaming marketplace.
Outlook
Look for more online verticals to take off in the May 2020 report to shape the overall growth and diversification of the UK gaming market.
