Online Gambling in the United Kingdom in 2021
The online gambling industry in the UK has grown rapidly in recent years. The article explores the history of online betting in UK and the statistics of the industry today.
The first online casino in the UK opened its doors in 1994. By 2007 the act was active and the following year the market value of online gambling was worth over £8 billion. There are over 200 online casinos in UK now. Most games are available to play on mobile or tablet. The UK gambling act accelerated the growth of the industry.
The UK Gambling Commission was established in 2007. The industry is worth in excess of £14 billion. 45% of the UK's population plays some form of online casino game and 25 million play online casinos each month. Bingo is the most popular online gambling game in the country with a £200 million yield per year.
The current trend points to continued growth in the coming years. New markets have been reached and many new players will continue to use their newfound platforms. Advancements in technology for payment methods and the introduction of crypto casinos have further increased the appeal of gambling online.