In a study conducted on over 1,000 UK gamblers, affiliate Mr Gamble revealed some key insights and statistical evidence.
According to the study, the most popular forms of gambling in the UK today are sports betting and online gaming, accounting for 39% each.
One surprising statistic was that sports betting seems to get more popular with age, with a rise from 31% in 18-30-year-olds to 53% in the 60+ age group.
Over 70% of participants, excluding the 60+ group, reported having gambling apps on their phone, with 91% of 18-30-year-olds using these apps.
Another interesting result was that 85% of women reported having these apps compared to 84% of men; this would appear to contradict the common perception of gambling being a male-dominated industry, albeit by a slim margin.
The study also looked at the spending habits of UK gamblers, finding that the average UK gambler spends £70 ($87.68) per week. London saw the highest average spend at £99 per week, followed by Yorkshire and the West Midlands at £74 and £71 per week respectively.
The report found that men spent an average of £20.30 more than women per week on gambling, with the under 50s group spending more than the over 50s group.
According to those surveyed, 70% of UK gamblers will stop after a loss and 58% will stop after a win.
When questioned about gambling resources, 78% reported never having to have used them; however, 74% were aware of how and where to access these resources if needed.
Finally, the report looked at attitudes towards gambling regulations, finding that 68% of participants believed these regulations should be tougher, with 75% of female participants saying so compared to 61% of males.
