UKGC Monthly Analysis Details Online Gambling Slowdown
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UK Gambling Commission releases monthly market analysis. The sector produced a combined GGY of £496 million in June, the lowest since November 2020.
All online verticals saw double-digit GGY reductions. Sports betting saw a 1% month-over-month gain to £242 million. UK government allowed land-based gambling venues to reopen on June 17th. The number of active players in the sector increased by 4% to 11.3 million, owing mostly to recreational customer interest in Euro 2020 markets.
Online gambling wagers fell to a six-month low of £6.1 billion in July. Sports betting activity increased by 9 percent month over month to 5.6 million. Online slots and online casino saw monthly declines of 10 percent and 8 percent. UKGC expects operators to be vigilant as consumers are still vulnerable.
