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.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

The world of fighting sports is in line for a massive bout, the first of that magnitude within 2020. The recent pandemic has spoiled many significant ...

Read more »

The Spanish Directorate General for the Regulation of Gambling (DGOJ) has awarded a gambling license to William Hill’s sports betting subsidiary Mr Gr...

Read more »

The Regional Council of Darmstadt in Germany has awarded its first 15 betting licenses with immediate effect. Among the renowned operators that now ho...

Read more »

GVC Group, owner of Ladbrokes and Coral, has put pen to paper on the acquisition of Portuguese online operator Bet.pt in an effort to expand its posit...

Read more »

The Lithuanian Gambling Supervision Service, running under the Ministry of Finance, has issued updated ‘know-your-customer’ guidelines in an effort to...

Read more »

US casino operator Caesars Entertainment has reached terms to overtake British bookmaker William Hill through a £2.9bn deal. The deal, typically await...

Read more »

The renowned sports betting operator 22Bet has decided to completely cease its operations in the United Kingdom as of October 13, 2020. All of its pla...

Read more »

Everton has landed yet another important deal by teaming up with Parimatch, appointing it as the club’s official betting partner in Europe and in the ...

Read more »

Online sports betting operator 22Bet has reached an agreement with French Ligue 1 champions Paris Saint-Germain. The two-year deal, ending 2022, will ...

Read more »

The South African National Gambling Board has issued a statement this week concerning the legality of online gambling. There have recently been some r...

Read more »

Latest Betting Offers