Online now the dominant form of gambling in UK market

Online gambling is now the dominant form of gambling in the UK, according to new figures from the UK Gambling Commission (UKGC).

The UKGC released its latest gambling market report covering the period from April 2015 to March 2016. The report is the first that covers a full year’s worth of data since the UK required all UK-facing online operators to hold a UKGC license starting November 2014.

Between April 2015 and March 2016, UK-licensed online gambling operators generated revenue of just under £4.5b, representing one-third of the overall gambling market and more than the sums generated by the National Lottery (£3.4b), high street bookmakers (£3.3b) and land-based casinos (£1b).

Casino remains the top online gambling vertical, generating revenue of £2.6b, of which £1.75b came from slots. (Poker, which the UKGC lumps in with the casino category, generated just under £99m.) Remote sports betting totaled £1.8b, with bingo (£152.6m), exchange betting (£152m) and pool betting (£26m) well back of the pack.