Online betting is the largest sector of the UK gambling industry with 52% of bets, report shows
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LeanBackPlayer has released a report on the health status of the gambling industry. The company collected the whole spectrum of critical data to provide a complete picture of current situation in the industry and the future. According to the report, data provided by the UK Gambling Commission was $8.2 billion for the months between April and September 2020. Online betting is the largest sector of UK gambling with 52% of bets.
LeanBackPlayer analyzes UK gambling revenue in "A Look At The Industry In Uncharted Times" report. According to the report, data provided by the UK Gambling Commission was $8.2 billion for the months between April and September 2020.
Remote and online betting are the largest sector of the industry, with total wagers of $4.3 billion. The National Lottery was the second-largest earner in terms of GGY at $2.2 billion, followed by In-person betting at $875 million. According to HM Revenue and Customs, the total tax revenue driven by gambling establishments was $3.9 billion from April 2020 to March 2021. According, more people in the UK searched online for the term “casino” in May 2020 than at any other time on record.
The report shows that the gambling industry has suffered in the wake of the pandemic. However, the desire to gamble remains strong in British public. Online betting is the largest sector of UK gambling with 52% of bets.
