According to a new report that has been issued by the UK Gambling Commission with regard to the state of the gambling market in that country a total gross gambling yield of £6.7 billion was generated by the gambling industry between the period October 2012 and September, 2013. This figure shows a growth of £252 million from the previous period.
The UK gambling industry currently employs 104,127 people – a drop of 3% compared to the last period.
The report also revealed that there was a comparison between remote and non-remote gambling and showed that non-remote betting continued to dominate the market and is the most popular form of gambling in the UK.
Am amount of £3.3 billion in gross gambling yield was generated by non remote betting which claimed a 48% gross gambling yield total.
Non-remote casino was matched by remote betting with a market share of 16%, also with a gross gambling yield of £1.1 billion.
GGY from remote gambling companies in Great Britain climbed by £127 million compared to the previous period while GGY from remote operators doubled from the 2009-2010 period to £632.2 million.
The report also showed that non-remote bingo and non-remote arcades saw a decline in GGY compared to the previous period.
The new Gambling Act will be implemented by the Gambling Commission on 1st October, 2014.