Recent UK Figures in Favour of Online Gambling

Updated by Giuseppe Faraone on September 10, 2021 in Uk Casino News

The UK online gambling industry is going strong and has generated more revenue in the latest financial year than ever before. The UK Gambling Commission (UKGC) has revealed that they’ve managed to generate a total of £12.6bn in total gross gambling from October 2014 to September 2015. In the previous financial year, they only managed to generate £11.2bn.

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This source alone has managed to generate £3.6bn from October 2014 to September 2015. In that 12-month period, remote gambling has been responsible for 29% of the revenue income of the entire industry.

Land-Based Casinos on The Decline

While online gambling has been a massive source of revenue income, land-based UK casinos have been experiencing a decrease in revenue generation. This is a major cause of concern seeing as land-based casinos are experiencing a massive decline of 1.9%, betting shops have decreased from 8,975 in March 2015 to 8,809 in March 2016.

Other areas of decline for land-based operators include the number of arcades that have fallen by 11.1% from 1,937 in March 2015 to 1,721 in March 2016. Bingo halls have also experienced an incredible 10.1% decrease and fell to only 599. Some good news is that the overall gross gambling income from bingo has improved by 4.9%.

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Giuseppe Faraone
Giuseppe Faraone
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Based in Valencia, Spain, Giuseppe gave up Milan for sunny shores. New licenses, new casinos, new bonuses, new games - there's always something to write about. Being so close to the action in the gambling industry, he's on top of any new developments the minute they come through the door. Aiming to deliver updates and comprehensive information to you, he does his best to thoroughly test out and rate what he reviews.
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