GB gross gambling yield recovers to almost £10bn in 2021/22
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The figures were supplied through industry research from the Gambling Commission. The total is 0.8% below the 2019/20 numbers, which mostly occurred pre-pandemic. Since Covid-19 restrictions were lifted in 2021, the number of bettors in the sector has fallen. However, there are signs of a return to gambling amongst younger age groups and males gambling in retail.
Online sector saw £6.44bn in revenue for the period in question. This is a 6.2% decrease compared to the 2020/21 period. However, it is still a 12.4% rise in comparison to 2019/20. Online casino is responsible for most of the revenue at £3.9bn. Remote betting is second at £2.3bn, followed by football and horse racing at around £1.1bn and £768.5m respectively.
The land-based gambling industry has more than doubled since the pandemic restrictions ended. However, the sector remains below its pre-pandemic strength. In person participation in gambling has increased in September 2022 compared to September 2021.
GB gross gambling yield recovers to almost £10bn in 2021/22. The number of licensed operators continued its four-year decline. There are 8,308 total active venues in Great Britain.
