UK online gambling gross revenue up 12% from March to June
The UK Gambling Commission has reported that UK gross gambling revenue (GGY) rose 12 per cent year-on-year to £1.46 billion in the March to June quarter.
Online slots GGY rose 10 per cent year-on-year to £642 million, driven by record highs in spins and average monthly active accounts.
Spins rose 12 per cent to 22.4 billion, while average monthly active accounts rose 11 per cent to 4.4 million. Across all verticals, the number of bets and/or spins rose 11 per cent to 24.5 billion, while active accounts rose 9 per cent.
GGY from live betting reached £625 million, up 16 per cent despite a 7 per cent drop in bets. Average monthly active accounts rose 11 per cent. Other gaming GGY was £159.6m, virtual betting £10.3m, eSports betting £4.3m, poker £14.1m and other £2m.
The Gambling Commission said it was investigating “the categorisation of certain products, which may result in data being skewed across verticals but not the overall totals”. The news comes as the regulator published statistics and datasets for the first year of the new Survey of Gambling in the UK (GSGB). The 2023 survey found that 48 per cent of adults and 52 per cent of men had engaged in some form of gambling in the past four weeks.
The Betting and Gambling Board said its members were concerned that the results may not be reliable due to “a significant risk that the GSGB is overstating gambling participation and gambling-related harm”.