Growth in revenues from gambling recorded in UK

Growth in revenues from gambling recorded in UK

According to the latest report of the UK Gambling Commission (UKGC), gambling revenues for the past year amounted to £14 billion, which is 0.7% more than in the previous reporting period.

The gambling industry is thriving and makes a significant contribution to the country's economy. According to experts, the industry created 100,000 jobs through 152 licensed casinos and more than 8,500 bookmaking offices.

The UKGC reports provide detailed data: 183,928 slot machines and 33,648 FOBT machines registered in the country with generated revenue of £2.8 billion and £1.8 billion, respectively. The gaming industry also makes a generous contribution to charity: The National Lottery provided £1.5 billion for social needs between October 2016 and September 2017, and the lotteries of large communities - £251 million.

Such financial advances are due to the popularity of online casinos, betting and bingo, which represent the remote sector of gambling and account for 35% of the market.

Online casinos offering roulette, blackjack and baccarat with a live dealer brought in an income of £ 4.9 billion from October 2016 to September 2017.

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