The UK Gambling Commission (UKGC) has announced in a new report that UK remote gambling remains steady. It has further noticed a gross decline in the number of land-based casinos in the UK market. According to the report, an amount of £12.6 billion was generated in UK gross gambling yield for the period from October 2014 to September 2015. In comparison, to the period from April 2014 through to March 2015, the total gross amounted to £11.2 billion.
The UKGC also pointed that the £3.6 billion generated by remote betting, bingo and casino sources represents 29% of the total figure. In comparison to the previous period, the gross remains stable due to a new point of consumption of tax regulations.
Betting Shops Figures in the UK Reported by UK Gambling Commission
- In March 2015, the number of opened betting shops in the UK fell 1.9% from 8 975.
- A number of arcades also fell 11.1% to 1 721.
- The number of B2 machines also dropped 0.5%.
- The number of bingo premises also declined 10.1% to 599.
Programme Director at UKGC James Green, said online bingo, sports betting and the casino market industry holds a 29% market share and gambling providers are interested in seeing how this will change over time. He also pointed out that consumer participation and market trends research are key to sculpting the Gambling Commission’s regulatory policy to keep gambling in Britain safe for customers, fair and crime-free.
