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.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

Kaizen Gaming’s online bookmaker Betano has finalised a deal with the Romanian Football Federation, which allows it to become the naming partner...

Read more »

The online sportsbook Vbet has extended the partnership with AS Monaco for three more years until 2025. The deal, which began in 2020, will allow the ...

Read more »

The Ministry of Culture and Gender Equality in Norway has begun consultations to introduce a new Gambling Act to replace the Lottery Act, the Totaliza...

Read more »

The online gaming giant Entain, the owner of brands like Interwetten, has won the Advanced Safer Gambling Standard award by GamCare for providing play...

Read more »

One of the pioneers of online betting, Interwetten, has signed a new regional long-term sponsorship deal with English football giants Liverpool FC. Fa...

Read more »

The global online sportsbook 1xBet recently paid out some big winnings. A bettor from Yaounde, Cameroon, signed up with the bookie and placed a 12 eve...

Read more »

The international online sportsbook NetBet has added Apple Pay as a payment option for French players giving locals another top-notch method for depos...

Read more »

The online gambling operator Kindred Group, which incorporates several brands like Unibet, has announced that it will further contribute to the mental...

Read more »

The Treasury of Kenya has published the 2022 Finance Bill, which re-introduces the controversial 20% tax rate on wagering stakes. Despite the protests...

Read more »

The international gaming operator Vbet has joined the International Betting Integrity Association (IBIA), adding to the platform’s global integr...

Read more »

LATEST BOOKMAKER PROMOTIONS