UK gambling market experiences widespread growth in 2014-15
The UK Gambling Commission (UKGC) national regulatory body has revealed the UK remote and non-remote gambling markets experienced year-on-year growth in terms of gross gaming yield (GGY) during the 12 months through to March 31, 2015.
The UK’s non-remote industry generated a GGY of £5.4 billion (€7.7 billion/$8.1 billion) in the 12 months, up 2% on the total posted in the corresponding period last year.
Non-remote betting was up from £3.17 billion to £3.25 billion, while GGY from casinos also increased from £1.1 billion to £1.2 billion.
However, the UKGC said arcades suffered a slight fall in GGY, with this dropping from £377.5 million to £371.7 million, while bingo also saw GGY fall from £672.4 million to £663.3 million.
In terms of remote betting, bingo and casino gambling, the UKGC noted these set of results were split in two due to the introduction of the Gambling (Licensing and Advertising) Act from November 1, 2014.
Remote betting GGY for the period prior to the new Act totalled £753.5 million, while GGY for the period from November 1 to March 1 came in at £1.5 billion.
In the previous year, GGY for the UK remote betting, bingo and casino gambling sector amounted to £1.1 billion.
Elsewhere, the remote and non-remote activities surrounding the UK National Lottery totalled £3.2 billion, up from £3.1 billion last year, while remote and non-remote services for other lotteries grew from £306.8 million to £361.6 million.
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