UK casino industry sees ‘dramatic’ improvement

UK casino industry sees ‘dramatic’ improvement

Friday, May 26, 2017 Posted by James Walker

The previous reduction in gross gaming yield (GGY) for the UK’s 147 casinos has been “dramatically reversed”, according to new data from the country’s regulator.

The UK Gambling Commission published its latest industry statistics yesterday, covering the period between October 2015 and September 2016.

According to the regulator, GGY for casinos in the country totalled £987.7 million, up 23% on the prior-year period.

“The previous reduction in casino games GGY has been dramatically reversed,” the Commission stated. “This is driven by punto banco, up from £23.3 million to £213.6 million.

“In contrast, blackjack has seen another decrease from £203.7 million to £187.6 million. Electronic gaming, a growth area within casinos, has increased again and currently stands at £166.1 million.”

Across all sectors, the UK gambling industry generated GGY of £13.83 billion last year. Remote gambling, which includes online and mobile, continues to cement its position as the leading vertical, valued at £4.46 billion and constituting 32% of the overall market.

“The National Lottery and non-remote betting continue to represent two of the other largest sectors,” the Gambling Commission stated. “National Lottery sales were £7.4 billion for the period. The [non-remote] betting sector has grown slightly, accounting for £3.4 billion GGY.”

Totally Gaming says: After recording a 15% dip in GGY last year, the UK casino industry has now returned to pre-2016 levels. Land-based operators will be looking to continue this momentum as they install the latest electronic gaming machines and bolster their core offering with a range of non-gaming amenities over the coming months.

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