UK’s Gambling Commission Reports 7% Gross Gambling Yield Increase
At the end of November, the Gambling Commission, Great Britain’s gambling regulatory body, published their annual industry statistics. Among the key finding was that the British gambling industry generated a gross gambling yield (GGY) of £6.3 billion between April 2012 and March 2013, a 7 percent rise compared to the same period the year before.
Other key findings include:
- The non-remote betting sector represents the largest market with a 51 percent share of GGY.
- Growth can be seen in betting, bingo, casino, remote (betting, bingo and casino) and lottery sectors. Only the arcade sector experienced a decrease in GGY between the two most recent reporting periods.
- GGY for B2 machines in betting shops was over £1.5 billion, an increase of just under £100m (7 percent) on the figure for the previous reporting period despite a small decrease in the number of B2 machines.
Here’s a look at the GGY comparisons across all gambling sectors:
|Sector||Apr 2008-Mar 2009 (£m)||Apr 2009-Mar 2010 (£m)||Apr 2010-Mar 2011 (£m)||Apr 2011-Mar 2012 (£m)||Apr 2012-Mar 2013 (£m)|
|Remote betting, bingo and casino gambling||816.86||632.22||653.41||710.43||832.14|
|Lotteries (remote and non-remote)||143.69||158.55||169.87||233.40||285.05|
The statistics also revealed a drop in the amount of people employed in the gambling industry, with the total figure falling by 2,125 to 107,791.
“The number of people working in the industry has declined slightly overall,” the report said. “The arcades, betting, bingo, lotteries (ELM – external lottery managers) and remote sectors experienced a decline in the number of employees between April 2011-March 2012 and April 2012-March 2013. Casino and gaming machine technical saw increases across the same period.”
*Lead photo courtesy of onlinebingoseeker.com.