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Gambling in UK Surpasses $9B

Newsdesk by Newsdesk
Mon 1 Jul 2013 at 01:00
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Gambling in the United Kingdom generated an increase in gross revenues of 5% in the last financial year to US$9.48 billion.

The latest figures from the Gambling Commission, covering the 12 months between October 2011 and September 2012, show all sectors—betting, casinos, lotteries, remote and bingo—experiencing growth with the exception of arcades.

Betting continued as the country’s largest market, good for 50% of all revenues. Casinos accounted for 15%, remote gambling 13% and bingo 12%.

Fixed-odds machine games mimicking roulette, blackjack and other casino games, remained the biggest driver of betting shop revenues, generating US$2.2 billion, an increase of 4.5% year on year.

Remote gambling also exhibited healthy growth, up $129 million (12%) to $1.2 billion.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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