The British Gambling Commission has released statistics about the gambling industry that were put together from information given by its licensees for the six months from April 2020 to September 2020. According to the numbers, the country’s gross gambling yield (GGY) was £5.89 billion.
Before making its findings public for this particular period, the Gambling Commission made its findings public every year from April to March. The numbers show that the GGY from April 2019 to March 2020 was £14.12 billion, which is a significant drop from the same time last year.
The National Lottery made £1.61 billion, but the online gambling industry made £1.94 billion, making it the most profitable vertical overall. The next biggest vertical was sports betting, bringing in £1.04 billion online and £629.3 million from land-based operations. Online sports betting made more money than sports betting on the ground.
Other lotteries, which included online and in-person options, brought in an extra £310.5 million. Both online and in-person bingo games brought in £98.1 million and £92 million. Go to 22Bet Login and get the chances of winning exciting prizes.
The inside story
Due to the novel coronavirus (Covid-19) pandemic, there were a lot of closures and other restrictions that hurt the land-based sector a lot during the period. Because of this, land-based casinos only made £67 million in the first six months of the year. However, they made £1.02 billion from April 2019 to March 2020, a vast difference.
You can also find welcome bonus on 22bet. The previous full-year total for retail betting was £2.41 billion, which was a lot less than the current total of £629.3 million. Between April 2019 and March 2020, land-based bingo brought in £92 million, while online bingo brought in £575.2 million. Between April and September 2020, the online business industry grew, bringing in £3.08 billion GGY. This is 9.6 percent more than the figure for the same period in 2019, £2.81 billion. Having more detailed numbers made it possible to compare one year to the next in this industry.
The online casino industry made up £1.94 billion of this total, a 22.7 percent increase compared to the same period in 2019. The online betting industry made up £1.04 billion, which is a decrease of 8.8 percent, mainly because sports events were canceled for a part of the measured period.
On the other hand, online bingo brought in £98.1 million, which is 6.2% more than the £92.4 million it brought in the previous year. 15.3 million new online gaming accounts were made during that time, even though the total number of active accounts dropped from 31.0 million in September 2019 to 30.7 million in September 2020.
Since March 2019, when there were 2,689 active operators on the market, that number has steadily gone down. By March 2020, there will be 2,577, and by September 2020, there will be 2,522. During the same period, the number of operators who offered more than one type of activity went from 381 to 379.
The number of open casinos dropped from 10,128 in March 2020 to 9,036 in September 2020, a 10.8 percent drop. There are currently 1,390 places for adults to gamble and 6,735 places where you can bet. The number of places to bet has gone down by 12.3 percent. Between March and September, the number of casinos in the area went down from 156 to 131, and the number of bingo locations went down from 648 to 601. In September 2020, there were 179 more family entertainment centers where people could gamble than in March 2020. There were 190 in March. This is a 37.7 percent drop from the average number of land-based gaming machines in Great Britain, from 186,832 between April 2019 and March 2020 to 116,333 between April 2020 and September 2020.
Conclusion
Because of the problems caused by the pandemic, the Gambling Commission said, estimates have not been made for places where operators haven’t given the regulator numbers. They also said that this could cause some published statistics to be lower than the actual numbers.
