Online gambling is taking an ever-greater slice of the UK market’s overall revenue, according to new statistics.
The UK Gambling Commission (UKGC) recently issued its latest statistics covering the 12 months spanning April 2017 to March 2018, during which time the market’s overall gambling revenue hit £14.4b, a 4.2% rise from the period spanning April 2016 to March 2017.
Online gambling accounted for £5.3b of the latest total, up 12.8% from the previous period, while the online share of the total pie increased 2.8 points to 37.1%. Betting ranked second with a 23% share, followed by the National Lottery (21%), casinos (8%), bingo (5%) large society lotteries (4%) and arcades (3%).
The UKGC had issued 888 online activity licenses as of March 31, up from 780 at the end of March 2017. Operators whose head offices were based in the UK held a 41% share of online activities, followed by operators based in Malta (21%), while Gibraltar and the Isle of Man tied at 7% apiece.