The British online gaming industry has recorded an increase in revenue

UK gambling operators’ revenues increased by 4.2% thanks to the online gambling sector.

Total revenue from gambling for the 12-month period ending March 31, 2018 increased to £ 5.3 billion (€ 6 billion / $ 6.8 billion), while the online sector now accounts for 37 % of total market volume.

Total market profitability increased by 4.2% compared with the previous year and amounted to £ 14.4 billion, according to the UK Gambling Commission (UKGC), with an increase in the online gaming sector of 12.8%, including bingo, sports bets and casino.

Online gambling

Of the total of £ 5.3 billion in online games revenues, interactive casinos and sports betting generated the most revenue - £ 2.9 billion (54.6%) and £ 2.1 billion (38.7%), respectively. The remaining 6.6% came from bingo (£ 164.8 million, or 3.1%), stock exchange (£ 160.1 million, or 3%) and pool bets (£ 28.7 million, or 0.5 %).

Gambling Revenue in the online casino sector accounted for most of the revenue from slot machines - £ 2 billion (69.1%) of the total, followed by table games - £ 311.1 million.

In the betting sector: football betting is £1 billion, followed by horse racing betting £ 610 million.

During the reporting period, the number of active customer accounts for all licensed operators increased by 12.9% - to £ 33.6 million. At the same time, registration of new accounts increased by 14.4% - to £ 35.4 million. Financial analysts predict that growth will be recorded in the reporting period, which ended September 30, 2018. Data will be available in February 2019.

Suggested Reading - The list of new gambling operators in Sweden is growing