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 yield of £6.7 billion between October 2012 and September 2013. This was a growth of £252 million from the previous period.

The total number of people employed by the UK gambling industry is 104,137 - a figure which dropped 3% in comparison to the last period.

Non Remote Betting Maintains Dominance

The report showed a comparison between remote and non-remote gambling, and indicated that non-remote betting retained 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 growth in revenue from remote gambling companies in Great Britain, according to the Commission. GGY from these operators climbed by £127 million compared to the previous period. Also, GGY from remote operators doubled from the 2009-2010 period to £632.2 million.

Bingo and Arcades See GGY Decline

According to the report, there were two areas in the UK gambling industry which saw a decline in GGY compared to the previous period - non-remote bingo and non-remote arcades.

In addition, there was also a slight fall in the number of active licensed betting offices - 45 in total. As noted, the number of employees in the industry also dropped 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 want to continue doing so need to submit an application for a continuation license by the middle of September.