UK gambling market worth £13.7bn in 2016/2017

The

ukgcrevenue
UK’s gambling market achieved a gross gambling yield of £13.7bn during the period April 2016-March 2017, according to the latest figures released by the UK Gambling Commission.

This figure has increased year-on-year by 1.8% when compared to the same period in 2015/16.

Despite this growth, the number of employees working in the UK gambling industry has decreased by 1% to 106,236 while the number of betting shops in the UK has dropped by 3.9% to 8,502.

The number of bingo premises operating in the UK also dropped by 1.4% to 583, with the number of licensed arcades in the UK dropping 5.1% to 1,750.

Gross gambling yield in the online sector grew the largest during the period, rising year-on-year by 10.1% to £4.7bn, with online gambling’s market share rising to 34% of the total UK gambling market.

Contributions from the National Lottery to good causes dropped 16.9% during the period to £1.5bn, with charitable contributions from society lotteries dropping to £255.6m, a fall of 20.5%.

In a statement released with the figures, UK Gambling Commission Executive Director Tim Miller said: “These latest figures show that the gambling market is continuing to grow, particularly in the online sector.

“However, with such growth comes a great responsibility for operators to prevent gambling-related harm to all consumers and the public. We would urge all gambling businesses to be acutely aware that as their market grows so too will our focus on ensuring that consumers are protected.”

Premium+ Connections
Premium

Revsharks

 
 
Premium

1xBet Partners

 
Premium

PIN-UP Partners

 
Premium

Sport Generate

 
Premium

Digitain

 
Premium

RISK

 
Premium

Galaxsys

 
Premium

Imagine Live

 
Premium

Lynon

 
Premium

GammaStack

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...