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UK Delivers 2018 UK Gambling Financials

30 May 2019 by Therese Williams

This story was published more than 4 years ago.

The UK's 2018 gambling financials were released this week, showcasing that online Gross Gambling Yield was up while other indicators saw declines.

Key financial indicators for the year ending September 30th, 2018 were:

  • Total Gross Gambling Yield of £14.5 billion, down 0.4% from the year prior
  • Online Gross Gaming Yield of £5.6 billion, up 2.9%
  • Land betting shops down 1.5% to 8,423
  • Licensed arcades down 5.3% to 1,639
  • Bingo locations down 1.1% to 650
  • 152 land casinos in operation, up by 1 site
  • Remote betting accounts for 38.8% of betting revenues in the country, up 1.2% from 2017
  • Online slot Gross Gaming Yield up 1.7% to £2 billion
  • Lottery numbers down slightly to £2.998 billion

Speaking about the results UK Gambling Commission Director for Industry Insight Ben Haden noted: "Despite the marginal decline across the wider gambling industry, the online gambling sector continues to grow; our role as regulator will continue to see us working to raise standards right across the industry."

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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bgsharpe
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4 June 2019 - 12:27pm
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Well, despite the drop in some of the numbers I guess UK still remains the leading market in the industry ans as we could notice from the UKGC director statement above they're not too concerned about it.