Commission - British Gambling Figures Increase

The UK Gambling Commission has issued a new report regarding the state of the gambling market in the country.

According to the report, the gambling industry generated a total gross gambling revenue of £6.7 billion between October 2012 and September 2013. This was an increase of £252 million from the previous period.

The total number of people employed in the UK gambling industry is 104,137 - a figure that has decreased by 3% since the last period.

Non Remote Betting Maintains Dominance

The report compared remote and non-remote gambling and showed that non-remote betting maintained its market dominance as the most popular form of gambling in the UK.

Non remote betting generated £3.3 billion in gross gambling yield and claimed a 48% GGY total.

The non-remote casino sector followed betting with £1.1 billion in GGY - 16% of the market.

Remote betting matched non-remote casino with a 16% market share, also with a GGY of £1.1 billion.

There was also a significant increase in revenues from remote gambling operators in the UK, according to the Commission. GGY from these operators increased by £127 million from the previous period. Remote operator GGY also doubled from 2009 to 2010 to £632.2 million.

Bingo and Arcades See GGY Decline

According to the report, there were two areas of the UK gaming industry that saw a decrease in GGY compared to the previous period - non-remote bingo and non-remote gaming halls.

There was also a slight decrease in the number of active licensed betting shops - 45 in total. As noted above, the number of people employed in the industry also fell by 3%.

The Gambling Commission will implement the new Gambling Act on October 1st, 2014.

All operators who provide gambling services in the UK and wish to continue to do so must submit an application for a continuation license by mid-September.