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Online Gambling Accounts For 33% of British Gambling
- Updated: November 30, 2016
Figures released this week by the UK Gambling Commission (UKGC) reveal online gambling accounts for 33 percent of all gambling activity in Great Britain.
The UKGC study shows online gambling is the largest gambling sector in Britain, having generated Gross Gambling Yield (GGY) of £4.5 billion for the period April 2015 to March 2016. In comparison, the National Lottery generated £3.4 billion, high street betting, £3.3 billion, and £1 billion by traditional brick-and-mortar casinos.
GGY is the amount retained by operators after the payment of winnings but before the deduction of the costs of the operation
Online casino games generated £2.6 billion of the total £4.5 billion with sports betting accounting for £1.6 billion. Online slots are hugely popular having generated £1.8 billion, betting exchanges brought £152 million, playing bingo …
