Gambling Commission Q3 2024 data shows online GGY up 21% to £1.54bn
Gross gambling yield, average slot session length and total bets and spins all saw annual increases.
Key points:
– The latest figures have been submitted by the Gambling Commission
– The Q3 data includes online and in-person gambling from UK licensed betting operators
– Most verticals increased by double-digit percentages when compared to last year
The Gambling Commission has published gaming figures for the UK in Q3, including both online and retail gambling.
Online gross gambling yield (GGY) for the period rose 21% when compared to Q3 last year to £1.54bn ($1.91bn).
The overall number of total bets and spins increased by 8% to a new peak of 25.9 billion this quarter. Of this, slot GGY increased 15% to £709m, with the number of spins increasing 9% to 23.9 billion during the period.
The average slot session length increased by one minute to 18 minutes in total, while the number of online slot sessions lasting longer than an hour rose 6% to 10.4 million.
However, when compared to the overall player base, these lengthier playtimes only account for 6% of all sessions, which is 1% less than last year.
The number of active accounts also rose 10% to 4.4 million each month.
Good to know: The Gambling Commission has emphasised that these figures do not represent the entire industry, but around 80% of the market active in the UK
Real event betting GGY increased by 38% when compared to last year and reached £647m, the highest figure since Q2 2021. However, the number of bets placed decreased by 7% and active monthly accounts also fell by 3%.
The GGY from licensed betting operators found on Britain’s high streets rose 5% to £592m, although the number of total bets and spins fell 4% to 3.1 billion.
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