The UK Gambling Commission recently released the latest annual industry report providing statistical information based on data submitted by all licensed operators, regulatory partners and a commercial provider, as well as operators that maintain correspondence with the UKGC. The latest of the average values covering a 12-month period is from October 2012 and September 2013. It shows the industry, posted a growth of £252 million in generating a Gross Gambling Yield (GGY) of £6.686 billion.
UK Gambling Industry
The growth is attributable to the £142 million increase posted by the non-remote casino and betting and the £127 million increment in the remote casino, betting and bingo operations plus a £12 million increase in lotteries. However, the overall growth performance was affected by the revenue decline experienced by the non-remote bingo (£2 million) and arcade (£27 million) operations.
Of the nearly £6.7 billion GGY, £5.3 billion was generated by the non-remote gambling sector, almost £1.06 billion by the remote gambling sector and as much as £0.296 billion by the lotteries. Denoting therefore that the main driver of the UK gambling market is the non-remote gambling operations, as the sector brings as much as 80 percent of the 12-month GGY.
Of the 80 percent non-remote market share, betting operations cornered as much as 48 percent, casinos cover only 16 percent, the bingo sector has 10 percent, and the arcades had the least at 5 percent. Based on partial reports collected as of March 31, 2014, four UK-licenced betting operators led by William Hill, followed by Ladbrokes, the Gala Coral Group and Betfred dominate the non-remote betting industry.
The combined remote casino, betting and bingo operations enjoy only 16 percent of Great Britain’s gambling marketplace, growing at an even keel with the 16 percent share of the non-remote casinos operating across the UK.