UKGC tracks record Q1 slots activity against sports declines

by SBC News
3 minutes read
The UK Gambling Commission (UKGC) has recorded a 12% increase in online total gross gambling yield (GGY), during the first quarter of the financial year of 2024.

The Commission sourced data on the gambling industry, covering online and in-person gambling with licensed betting operators found on Britain’s high streets. The commission has been collecting data from March 2020 to June 2024.

Providing data for Q1 2024 (April to June), the Commission declared that online total GGY, covering approximately 80% of the online gambling market, reached £1.46 billion, a 12% increase YoY.

Online growth saw Slots activity reach new highs across GGY, spins, and average monthly active accounts, as the segment GGY rose by 10% year-over-year.

The commission noted that it is “currently investigating the categorisation of certain products.” While this could result in some data changes between verticals, it shouldn’t impact the overall totals.

The number of bets and/or spins rose by 11% compared to the..

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