UK Online Gambling Market Sustains Growth Year-on-YearPublished December 5, 2015 by Lee R
The prominent British market continues to show model growth.
The UK market is growing, and the UKGC statistics to prove it.
Growth Shows for 2015
In a market where the popularity of online casinos such as bet365 Casino, Trada Casino and Fruity Casa Casino is already entrenched, the UK market showed continued growth according to the UK Gambling Commission national regulatory body's disclosure of annual gains in the UK remote and non-remote gambling markets through March 31, 2015.
The total yield of the UK’s non-remote industry generated a GGY of £5.4 billion (€7.7 billion/$8.1 billion) in the 12 months, for a steady increase of 2% over the corresponding period from last year.
The sector of non-remote betting jumped as well, from £3.17 billion to £3.25 billion. Casinos specifically showed an increase in GGY from £1.1 billion to £1.2 billion.
The only visible drops according to the UKGC were in arcades, whose GGY slipped from £377.5 million to £371.7 million; and bingo, which fell from £672.4 million to £663.3 million.
...while Remote Carries the Day
Remote betting, bingo and casino gambling results were split in two due to the introduction of the Gambling (Licensing and Advertising) Act from November 1, 2014.
This resulted in figures for remote betting GGY for the period prior to the new Act adding up to £753.5 million, with the figure GGY for the period from November 1 to March 1 at £1.5 billion.
The previous year's total GGY for UK the remote betting, bingo and casino gambling sector in the UK amounted to £1.1 billion, so remote betting GGY's substantially offset the minor shortfalls.
UK Lottery Tabulations
Remote and non-remote activities surrounding the UK National Lottery brought in £3.2 billion, jumping from £3.1 billion last year, with other remote and non-remote services for lotteries grew from £306.8 million to £361.6 million.
The UK constitutes a massive market where online gambling is popular and successfully regulated. So iGamers and professionals, at the end of the day--or year--the system is working.