UKGC announced 0.3% full-year drop on GGY in Great Britain

6 Dec 2019

ukgc-annual-reportThe gross gambling yield (GGY) of the British gambling industry decreased 0.3% year-on-year for the period between April 2018 and March 2019, amounting to £14.4bn.

More specifically, the statistics deriving from the annual report of the UK Gambling Commission show that there was a significant reduction, of 0.6% to £5.3bn, on the GGY of the online gambling sector.

Furthermore, the fall was even bigger in the British land-based casinos sector, that managed to generate £1.1bn in revenue, resulting in a 10% GGY drop.

On the other hand, the online slots sector showed a slight increase, as it generated £2.1bn in GGY in that period and went up 6%.

As for the gaming machines, they also showed an increase, since they generated £2.8bn; in what was the final trading period before the imposition of the £2 stake limit on FOBT. This resulted in a 0.5% rise in GGY, though it was generated mainly by B3 gaming machines that made £1.1bn; an increase of 91%. As regards B2 machines, that include FOBTs, they generated £1.2bn and showed a 31% decrease.

It is also worth noting that there was a 3% decline in the total amount of gaming establishments within the UK, amounting to 10,761; followed by a 6% drop in the total number (102,782) of employees that work in the industry.

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