Britain’s online gambling yield hits £1.2bn in Q2

Finance News

The UK Gambling Commission has published further data on the gambling industry in Great Britain. This data, sourced from operators, reflects the period between March 2020 and September 2023, inclusive, and covers online and in-person gambling covering Licensed Betting Operators (LBOs) found on Britain’s high streets.

Comparison should not be made with the industry statistics dataset, as this data set may include free bets and bonuses and does not include data from all operators.

This release compares Quarter 2 (Q2) of financial year 2022 to 2023, with Q2 of 2023 to 2024, looking at how the market has changed in comparative periods over a year.

Online total Gross Gambling Yield (GGY) in Q2 (July to September) was £1.2 billion, an increase of 0.6 percent from Q2 the previous year. The overall number of total bets and/or spins increased 10 percent Year-on-Year (YoY), whilst the average monthly active accounts increased 7 percent.

Real event betting GGY decreased by 5 percent YoY to £428 million. Total bets for the vertical decreased by 1 percent while actives decreased by 0.2 percent.

Slots GGY increased 8 percent to £589 million YoY. The number of spins increased 11 percent, while the average monthly active accounts in Q2 also increased 11 percent to 3.8 million per month

The number of online slots sessions lasting longer than an hour increased by 4 percent YoY to 9.3 million. The average session length decreased to 17 minutes, approximately 7 percent of all sessions lasting more than one hour.