British online gambling yield declines to £533m in May

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UK: DCMS expects spin limit to reduce online slots revenue by 5.2%

The UK government will introduce maximum stake limits in September. UK.- The UK government Department for Culture, Media & Sport (DCMS) has revealed that maximum stake limits to be introduced for online slots are expected to reduce gross gambling yield by £166.2m. that would be a 5.2 per cent drop in online slots yield and a 2.6 per cent drop in…

Finance ・ 27 February 2024

Gaming Intelligence

Nevada gambling revenue climbs to $1.31bn in December

Nevada's gambling market ended 2022 on a high note as total gaming revenue increased by 14 per cent to $1.31bn. December marked the 22nd consecutive month in which the state's casinos reported at least $1bn in gaming revenue. Slot machines revenue grew by 2 per cent year-on-year to $803.5m in December, with Multi Denomination slots contributing…

Finance ・ 01 February 2023

Racing Post

Online shift the big change in gambling landscape but retail betting recovering

The Gambling Commission has released its latest set of industry statistics The shift to online gambling continues apace according to the latest statistics published by the industry's regulator. However, the Gambling Commission said retail gambling is showing signs of recovery following the Covid-19 pandemic despite a near 20 per cent fall in the…

Industry ・ 25 November 2022

Gaming Intelligence

Retail recovery offsets lower online gambling yield in Great Britain

Britain's total gross gambling yield increased by 10.9 per cent to £14.08bn in the twelve-month period ended March 31, with a recovery in retail offsetting declines in remote gambling and National Lottery yield. Online casino represented the largest gambling sector in Great Britain with gross gambling yield (GGY) of £3.90bn, although this…

Lottery ・ 25 November 2022

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Gaming Intelligence

South Dakota gambling market slides 5% in September

South Dakota's gambling market fell by 5 per cent in September to $146.9m, with lower wagering on slot machines offsetting growth in table games and retail sports betting. Gaming handle, excluding sports betting, amounted to $146.2m in September, a year-on-year fall of 5.6 per cent, while gross win declined by 2.5 per cent to $14.1m.South Dakota…

Industry ・ 31 October 2022

Mint

GST on betting and gambling: Tax structure and liabilities in case of default

Gambling and betting, whether online or offline, are supplies of services as per the goods and services tax (GST) law. Currently, an 18 per cent GST is levied on online Games of skill, while a 28 per cent GST is levied on online games of chance According to Archit Gupta, Founder & CEO, Clear, GST is computed on gross gaming value or stake instead…

Finance ・ 02 October 2022

Gaming Intelligence

Britain's online gambling yield falls in the second quarter of 2022

Britain's largest online gambling operators have recorded a significant fall in Gross Gaming Yield in the second quarter of the year, with every gaming vertical showing a decline versus the same period last year. The data released Thursday by the Gambling Commission covers the biggest operators who together account for approximately 80 per cent of…

Gaming Authorities ・ 05 August 2022

iGaming Business

GB gambling revenue drops in June as almost all sectors struggle

The regulator published data based on reports from operators making up 80% of the GB online gambling market and 85% of the retail betting shop market, building on its earlier online-only reports launched in 2020. As such, the absolute figures reported do not include the entire market within these verticals. Month-on-month, online gross gambling…

Finance ・ 04 August 2022

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Gaming Intelligence

Britain’s online gambling market down 31% in December

Britain's regulated online gambling market contracted by nearly a third in December 2021, according to new data released by the Gambling Commission. The latest operator data on gambling behaviour amid the easing of lockdown measures across Great Britain shows that online gross gaming yield (GGY) fell by 31 per cent year-on-year in December to…

Industry ・ 18 February 2022

Planet Radio

East Riding gambling operators will soon share players' spending data

Betting shops, casinos and gambling websites will find out how much customers are spending Betting shops, casinos and gambling websites will soon be able to find out how much customers are spending, East Riding councillors have heard. East Riding councillors heard a recent data protection ruling had cleared the way for the sharing system to go…

Industry ・ 23 October 2021

Gambling News

UKGC reports June has the lowest GGY result since November 2020

UKGC has released June's gross gambling yield (GGY) numbers, showing the lowest result since November 2020. The UK Gambling Commission (UKGC) has released its latest market update, revealing that the gambling industry generated a combined gross gambling yield (GGY) during June of $686 million - the lowest result since November 2020. However, the…

Gaming Authorities ・ 11 August 2021

Gaming Intelligence

Britain’s online gambling yield falls to £496.1m in June

Britain's online betting and gaming market declined for the second consecutive month as total gross gambling yield (GGY) fell by 7 per cent sequentially to £496.1m in June. The latest data from the Gambling Commission reveals that total bets placed fell by 10 per cent month-on-month to 6.2bn, while total active players climbed 4 per cent compared…

Gaming Authorities ・ 11 August 2021

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Inkedin

UKGC Monthly Analysis Details Online Gambling Slowdown

Despite an increase in player activity attributable to interest in the Euro 2020 championships, the UK's online gambling business saw a drop in total gross gambling yield (GGY) in June. The UK Gambling Commission (UKGC) has released its monthly market analysis, revealing that the sector produced a combined GGY of £496 million in June, the lowest…

Gaming Authorities ・ 11 August 2021

Inkedin

UKGC Reports Steady Drop In Online Gambling March

As the UK government's COVID-19 lockdown limitations are eased, the UK Gambling Commission (UKGC) has reported a steady drop in online gambling activity. The Commission is continuing to examine online gambling behaviour that has been impacted by COVID-19 and lockdown situations, based on data collected from licenced operators between March 2020 and…

Gaming Authorities ・ 19 July 2021

Casino Guardian

Customer Activity on Online Gambling Market Declines in May 2021, UKGC Says

The UK Gambling Commission (UKGC) has announced further data about the impact that the evolving coronavirus lockdown measures have had on British customers' gambling behaviour. As the regulatory body revealed, the operator data reflects the period from March 2020 to May 2021 and covers both retail (where relevant) and online gambling operator data.…

Industry ・ 16 July 2021

Gaming Intelligence

British online gambling market grows to £560m in April 2021

The latest data from Britain's Gambling Commission shows that gross gambling yield (GGY) from the online gambling sector rose by 3 per cent sequentially to more than £560m in April 2021. The data from the biggest operators representing 80 per cent of the market shows a 4 per cent rise in active player numbers as a result of increased recreational…

Industry ・ 04 June 2021

Gambling News

UK Sees Dip In Gambling Activity for January and February

Recent data from the UK Gambling Commission (GC) shows a significant decline in gambling activity in January and February compared to 2020. The UK Gambling Commission (GC) has released statistics detailing changes in gambling activity for January and February 2021. In comparison to December 2020, the data indicates a significant decrease in overall…

Gaming Authorities ・ 29 May 2021

Enfield Independent

Huge rise in online gambling amid end-of-year coronavirus restrictions

Coronavirus restrictions towards the end of last year were accompanied by a spike in online gambling, new statistics have revealed. The gross gambling yield among the biggest operators increased by 30 per cent between November and December, according to data from the Gambling Commission. Meanwhile, the total number of bets rose by 12 per cent and…

Gaming Authorities ・ 19 June 2021

iGaming Business

British online GGY up to new high in December 2020 amid new retail closures

The figures were compiled using data from operators representing around 80% of the online gambling market. The Commission said that this rapid growth in revenue could potentially be a cause for concern. The jump in gross gambling yield was largely due to a major growth in real-event betting revenue, by 53% to £319.6m. This, the Commission…

Gaming Authorities ・ 07 May 2021

SBC News

UKGC confirms there is ‘no evidence of a sustained increase in gambling activity’

The UK Gambling Commission (UKGC) has delving into the potential impact thatCOVID-19 lockdowns have had on gambling activity. Data from the report has demonstrated that'there has not been a significant or sustained increase in gambling activity since the COVID-19 pandemic began'. Breaking down the statistics in a nationally representative sample of…

Incidents ・ 22 January 2021

Gaming Intelligence

Online gambling yield falls in November during second UK lockdown

Britain's Gambling Commission has said that the second COVID-19 lockdown in November had a limited impact on online gambling behaviour, with total online gross gambling yield (GGY) falling by 3 per cent month-on-month to £471.5m. This was driven by a 28 per cent decrease in real event sports betting GGY as betting margins normalised after their…

Covid ・ 22 January 2021

Casino Beats

UK Gambling Commission reports ‘significant growth’ in online market

The online gaming market has experienced significant growth, according to a new report by the UK Gambling Commission. Data from the report, which covers both online and in-person gambiling with data from licensed betting operators found on Britain's highstreet, highlighted how the renewed tightening of COVID-19 lockdown measures has impacted…

Gaming Authorities ・ 04 March 2021

Gaming Intelligence

Pennsylvania iGaming revenue soars to new high in November

Pennsylvania's regulated betting and gaming market recorded a 3 per cent drop in total revenue to $284.3m in November, despite another record performance from iGaming during the month. Total gambling revenue continued to be impacted by declines within the land-based sector, where slot machine revenue fell 32 per cent year-on-year to $129.5m and…

Finance ・ 19 January 2021

iGaming Business

GB slot yield hits new low in September

Gambling Commission figures reveal that gross gaming yield for slots hit its lowest monthly total since March in September, though the return of the Premier League led to a hike in betting's contribution. Total slot yield was down 4.1% month-over-month to £157.4m (€175.3m/$207.1m) in September, based on data from operators representing 80% of the…

Gaming Authorities ・ 04 February 2021