UKGC: Slots & real event betting drives online GGY increase in Q3

by CasinoBeats
4 minutes read
The UK Gambling Commission has reported a year-over-year increase in online total gross gambling yield in the third quarter of 2023, driven by slots and real event betting.

Publishing its operator data for Q3, the UKGC declared £1.3bn in GGY, a four per cent increase YoY thanks to the aforementioned increase in slots and real event betting GGY, while GGY in nearly all other verticals decreased. Q3’s figure is also a slight increase on Q2’s GGY of £1.2bn.

Data from online operators – approximately 80 per cent of the online gambling market – and licensed betting operators found on Britain’s high streets – around 85 per cent of the retail betting market – has now been collected by the UKGC covering the period from March 2020 to December 2023.

In this latest report, the commission has compared online and in-person betting from Q3 2023 (October to December) with the same period from the previous year.

The overall number of total bets and/or spins rose by nine per cent YoY to 24 billion..

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