Although they may seem worlds apart, online casinos and the betting industry within the United Kingdom are in essence a match made in heaven. It has been reported that the betting market in the UK is worth more than £6 billion annually and employs roughly 107 000 people. This therefore makes it simple to see how this industry is indeed important to both the economy and workforce within the United Kingdom.
Online casinos are actually responsible for a large percentage of growth within the UK gambling sector through online betting. Furthermore, the UK is the biggest online gambling market within the whole of Europe and arguably has been the world leader in online gaming since the passing of the law restricting this trade in the United Stated in 2007.
With a mass of growing online casinos emerging which are available to all UK citizens, it is plain to see how this practice is aiding the betting industry as a whole.
As mentioned prior a large amount of money is spent on betting alone within the UK on an annual basis. Wagering on sports via the internet alone is worth around a whopping £650 million pounds per year. With this being said, it has been reported that online gaming is in actual fact just as popular as any other type of gambling in the UK when you factor in frequency. Furthermore, upon research, the gambling community within the United Kingdom is estimated at roughly 2.1 million customers at the time of writing.
With all of the above mentioned. It is easy to see the importance of gambling in general within the United Kingdom. This practice benefits the economy, provides jobs and is continually growing; meaning in the same right, these other two sectors will continue to strengthen. Online gaming brings the sense of convenience to all clients, allowing them to place wagers and play their favourite games from the comfort of their own home. Furthermore, as online betting grows, so too does the UK’s betting industry.
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