The UKGC has published further data which showed increase in betting and slots activity in the UK.
Sourced from operators, the data covers a 3-year period, between March 2020 and March 2023, of online and land-based gambling done in Licensed Betting Operators (LBOs) found on Britain's high streets.
The report includes information that came from approximately 80% of the market, as some operators apparently did not sufficiently supply their performances.
The results revealed a steady increase in overall gambling and betting activity throughout the three-year period. This comes in the same timeline in which the gambling commission has previously stated the UK's problem gambling rate have dropped from 0.4% to 0.2%.
The data released by the overseer of all UK gambling activities compares Quarter 4 of financial year 2021 to 2022, with Quarter 4 of 2022 to 2023, comparing how the market has changed in the same periods over a year.
The latest gambling data in the UK shows:
- Online total Gross Gambling Yield (GGY) in Quarter 4 (January to March) was £1.3 billion, an increase of 5 percent from Quarter 4 the previous year. The overall number of total bets and/or spins increased 9 percent year-on-year, whilst the average monthly active accounts2 increased 11 percent
- With the reporting period covering the Cheltenham festival, real event betting GGY increased 13 percent year-on-year to £555 million, with total bets and actives also increasing, 19 percent and 9 percent respectively for the vertical
- Slots GGY increased 2 percent to £552 million between Quarter 4 2021 to 2022 and Quarter 4 2022 to 2023. The number of spins increased 9 percent, while the average monthly active accounts increased 15 percent to 3.9 million per month during the same timeframe
- The number of online slots sessions lasting longer than an hour increased by 10 percent year-on-year to 8.8 million. The average session length remained at 17 minutes for the fourth quarter in a row, with approximately 6.4 percent of all sessions lasting more than one hour
- LBO GGY increased 6 percent to nearly £585 million in Quarter 4 2022 to 2023, compared to the same quarter last year, while the number of total bets and spins increased 2 percent to 3.3 billion.