Data shows GB online gambling revenue falls for second straight month
Online gambling revenue in Great Britain continued to decline in August, according to Gambling Commission data.
Data from the biggest operators representing 80% of the online market, showed online gambling gross gambling yield (GGY) fell by 12% month-on-month for August, down to £406m ($527.9m).
This was attributed to the fact European football, including the English Premier League, entered a summer break, which led to 21% decrease in sports betting GGY from July, down to £164.4m.
This was the second consecutive month-on-month fall in both online and sports betting GGY since April, which both decreased by 4% in July, following a pent-up demand for the verticals after all major sport was suspended in mid-March, until May.
The data also showed that the number of bets taken place online was down 2%, while the amount of sports bets placed decreased by 12%.
Slot games was the only online vertical to see a rise in GGY for August, up 1% to £164.1m. Poker fell 8%, down to £8.3m, while esports betting revenue continued to fall after a boom earlier this year, decreasing by 29% to £1.8m. Virtual betting GGY also fell, by 16% down to £6.6m, while other casino games was down 10%, to £59.5m.
The Gambling Commission said: “Gambling behaviours continue to evolve as the country responds to challenges posed by Covid-19, but further underlines the importance of the Commission’s updated guidance to operators.”
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