UK’s online gross gambling yield rises 5%
Online total gross gambling yield in the UK regulated market grew by 5 per cent year-on-year in Q4, according to new statistics from the Gambling Commission.
Rising to £1.4bn, the increase in revenue was matched by a new peak of total bets/spins of 24 billion, which rose by 10 per cent.
Real event betting GGY increased by two per cent year-on-year to £565m, while the number of bets decreased by six per cent.
Average monthly accounts in Q4 increased by one per cent, while slots GGY rose by 11 per cent to £614m.
The number of online slots sessions lasting longer than an hour climbed by two per cent year-on-year to 9.5 million, but the average session length decreased from 18 minutes to 17 minutes in Q4.
In the land-based sector, GGY decreased by three per cent to £568m in Q3 2023 to 2024, while the number of bets and spins declined by one per cent to 3.3 billion.
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