Lottery and online gambling growth offset UK’s gaming machine collapse

UK gambling revenue took a small dip in the 12 months immediately preceding the pandemic outbreak despite a surge in lottery activity.

Figures released Thursday by the UK Gambling Commission (UKGC) show total gross gambling yield (GGY) of £14.2b in the 12 months ending March 31, 2020, a modest 0.6% decrease from the same period 12 months prior. This marks the second year in a row in which overall GGY has fallen from the previous year.

The reporting period concluded 11 days after the UK market entered its (first) pandemic lockdown, so the wholesale upheaval since that unblessed event isn’t reflected here. But the period does include the dramatic reduction of stakes on fixed-odds betting terminals (FOBT) in betting shops from £100 to just £2 that started April 1, 2019.

Total GGY minus lotteries was down 4.5% to £10.2b, as National Lottery sales rose 10.4% to £3.4b while other lotteries shot up 13.2% to £611.6m. Lotteries (both online and retail) accounted for 28.2% of the market’s overall GGY.