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Most Britons Gamble with Local Operators

Most Britons Gamble with Local Operators

A new report from the UK Gambling Commission shows that despite the availability of remote gambling operators, the majority of UK gamblers are still choosing non-remote companies.

Most Britons Gamble with Local Operators

The latest figures from the UK Gambling Commission show that the majority of Britons are still betting with non-remote operators.

The latest set of industry figures shows that the British gambling industry generated a total gross gambling yield (GGY) of almost £6.7 billion between October 2012 and September 2013.

This is an increase of £252 million from the previous period between April 2012 and March 2013.

Non-remote betting proved to be the most popular form of gambling and generated £3.3 billion of the GGY. This was followed by the non-remote casino sector with £1.1 billion, or 16% of the market.

Remote operators generated just under £1.1 billion in GGY which represents a market share of 16%. While this is a minority of the market, GGY from remote operators did increase by £127 million compared to the previous period. This is more than half of the total increase in GGY experienced by the industry.

The only areas to experience falls in GGY were non-remote arcades and bingo.

The Gambling Commission also said that since the end of the last reporting period, the number of active licensed betting offices in the British market fell by 45%.

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Raised close to London’s financial district, Ben has always found the world of business and money fascinating. While completing a degree in business studies Ben started writing for his university newspaper and hasn’t stopped since. Over the last decade Ben has gathered a wealth of experience writing about business and the financial markets and he is pleased to be able to share it with you here.

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