General Update on iGaming UK Market
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In 2020, spending on gaming software and hardware grew by 30%. The industry reached a record of €7 billion. The UK is the largest market in the world for the gambling industry. 47% of Britons place a wager at least once a week.
The UKGC industry has a high employment potential. 47 thousand people are directly and indirectly employed in the various fields associated with online gambling. There are also new roles related to marketing and creative content creation.
As the industry is growing and developing, we can expect to see more development in the gaming field and in other related areas such as payment methods and customer service. UKGC has required all gaming companies to cancel all in-game bonuses including free spins, scatter and wild symbols. All slots available in UK casinos are devoid of graphical and bonus features.
There are opportunities for success for up-coming studios in the online gambling industry.
Players can become content creators. They can earn a lot of money through Twitch and YouTube games. They could also activate ads or use affiliate marketing methods.
Gaming and iGaming industries generate $200 million annually in 2020. It is possible for these industries to maintain the same growth rates of previous years.
