The gambling industry continues to grow worldwide and remains a major technology employer. One of the main contributing factors is online betting.

A recent report argued that the online gambling market could grow 142.38 billion dollars between 2021 and 2026. Between 2021 and 2022, the market grew by approximately 11.82%.

The Gambling Act 2005 aims to regulate the online gambling industry in the UK

London is home to the world’s leading gambling companies.

Here’s an in-depth look at the UK gambling industry.

The most popular form of online gambling in the UK: the National Lottery

The National Lottery remains the most popular form of online betting in the UK

In 2017, 8.6% of survey respondents bet on the National Lottery.

This figure has increased to 14% by September 2021. An additional 8% also played another lottery.

Sports betting rates remained at the same level – 4.9%. Horse racing rates rose from 1.8% to 2.6%.

Between 2020 and 2021, people aged 45-54 were the most likely to gamble online

The highest age group to gamble online in the UK between 2020 and 2021 was 45-54 year olds. They represented 32.8% of respondents.

The rest broke like this:

  • 35-44 years: 28.8%
  • 55-64 years: 28%
  • 25-35 years: 25.2%
  • 65+ years: 18.8%
  • 16-24 years: 15.8%

An estimated 48% of UK punters gambled at least once a week in 2021

In 2021, almost 34% of UK punters gambled once a month / less than once a week. 1690 respondents26.9% said they gamble once a week.

About 21% said they bet more than two days a week.

This represents 48.1% of UK punters who gambled at least once a week.

Non-distance rates fell by 57.1% between April 2020 and March 2021.

The COVID-19 pandemic has increased the popularity of online gambling. This trend continued among UK gamblers between April 2018 and March 2019.

Between April 2018 and March 2020, non-remote betting volume fell from £3,261 million (GGY) to £2,416 million.

Non-remote GGY fell again between April 2020 and March 2021 to £1,037 million, according to the UK Gambling Commission.

This represented a decrease of 57.1%.

Remote rates increased by 13.5% between April 2020 and March 2021.

The UK Gambling Commission has also announced an increase in remote betting. Between April 2020 and March 2021, GGY for remote bets increased by 13.5%.

This trend represents three years of consistent growth.

Between April 2018 and March 2019, remote betting brought in £2,021 million to GGY. In the following two years, it rose to £2,330m and £2,645m.

46.1% of remote bettors played football between April 2020 and March 2021

The two sports have also recorded three consecutive years of growth among remote bettors. Between April 2020 and March 2021, 46.1% of the GGY of remote bets came from football.

Over the same period, horses received 32.4% of GGY distance stakes. (Other categories included betting on dogs, tennis and cricket.)

Remote Bingo’s GGY has increased for five consecutive years

The Gambling Commission started tracking remote bingo statistics in April 2015. Since then, GGY has increased for five consecutive years.

At a rate of 37.1%, its steepest decline occurred between April 2016 and March 2017.

Remote casinos are up 22.5% after COVID-19

The COVID-19 pandemic has led to the closure of land-based gambling establishments in the UK. Between April 2020 and March 2021, GGY of non-remote casinos fell by 88.5%.

Remote casinos benefited from this drop. During the same period, their GGY increased by 22.5%.

Online Casinos: British players place the most bets on slots

Slots were the most popular online casino game between April 2020 and March 2021. Among remote casinos, slots generated 72.5% of GGY.

Roulette was next with 13.2%. Blackjack earned 4.9% GGY over the period.

Online slots continue to grow rapidly. There are many game options available today best online slots for real money.

UK adult gambling up 43% year-on-year (March 2022)

The number of UK adults who gambled at least once a month in March 2022 increased by 43% year-on-year. This is 3% more compared to the previous period y/y.

Online rates are also continuing long-term upward trends. Rise in St availability of casino applications remains the main contributor.

Conclusion

The UK gambling industry is one of the leading betting markets in the world. The most popular brands include the National Lottery, William Hill and Bet365.

These companies remain beloved by men and women, baby boomers and millennials.

With easy access to online applications and simple internet connectivity, gambling in the UK continues to thrive

For more information about online gambling newsvisit SBS.

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10 Amazing Gambling Industry Statistics in the UK

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