UK gambling revenue surpasses £15 billion in 2023

Finance News

The betting and gaming industry’s revenues reached £15.1bn in the year to March 2023, or £10.95bn excluding the National Lottery, figures from the Gambling Commission released on Thursday show.

This report provides an overview of Gross Gambling Yield (GGY) made by licensed gambling operators from GB gambling customers for each customer-facing sector, along with the numbers of licensed operators and premises.

It is based on data reported to us by the operators we license and regulate. The accompanying data file includes figures for all sectors, based on data from April 2022 to March 2023, as well as historical data back to 2009.

£6.5 billion – Total GGY for Remote Casino, Betting and Bingo Sector (2.8% increase on April 2021 to March 2022 and a 13.3% increase on the last pre-lockdown period of April 2019 to March 2020) 

£15.1 billion – Total gross gambling yield (GGY) of the Great Britain gambling industry (April 2022 to March 2023) (6.8 percent (%) increase on April 2021 to March 2022 and a 6.6% increase on the last pre-lockdown period of April 2019 to March 2020) 

£10.9 billion – Total gross gambling yield (GGY) of the gambling industry in Great Britain (excluding all reported lotteries) (April 2022 to March 2023) (9.3% increase on April 2021 to March 2022 and a 7.6% increase on the last pre-lockdown period of April 2019 to March 2020)

Remote Casino, Betting and Bingo (RCBB) accrued £6.5 billion gross gambling yield (GGY) which can be broken down into 3 individual areas. 

Online casino games dominate the sector, generating £4.0 billion in GGY, £3.2 billion of which was from slots games. 

GGY for remote betting totalled £2.3 billion, led by football (£1.1 billion) and horse betting (£733.5 million). 

GGY for remote bingo totalled £173.6 million. 

This reporting period saw an increase in the number of new account registrations with RCBB operators (up 10.6% to 36.4 million), in comparison to the latest pre-lockdown period, there is an increase by 21.8%. The number of active accounts went up 4.0% to 36.4 million and 21.0% from pre-lockdown. The total funds held in customer accounts was at £877.5 million at the end of the reporting period. This is a 3.6% decrease on the previous period end and a 26.7% increase on the last pre-lockdown period end.

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