British Gambling Commission Reported Online Gambling Growth

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February 18, 2022
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UKGC PRESENTED A REPORT ON THE INFLUENCE OF A PANDEMIC ON THE ACTIVITY OF GAMBLING

The british gambling commission reported a significant increase in the online market in the period from march march to october 2020.

Statistics showed that covid-19 pandemic influenced rates in the united kingdom, including both online and personal gambling. This proves the data provided by licensed rates operators (lbo).

On the monthly growth of gross returns from gambling (ggy) amounted to 29%, and active accounts – 7%.

The number of rates increased (by 12%), as well as the number of active players (by 7%), and the increase in the margin of operators (by 7%). Indition, an increase in the number of rates for real events is expected. Some indicators, such as the number of placed rates, increased for licensed rates operators (by 9% to 204 million pounds sterling).

In addition, the number of customers spending more than an hour on online slots increased by 12%, although the average duration of the session is approximately 21 minutes.

State regulator said:

"The commission continues to evolve as the country responds to various levels of restrictions and will be kept vigilance in the light of new national prohibitions announced in recent weeks".

The regulator, in addition, reminded operators about the manual dated 2020, which sets out the need for improved availability checks, preventing secondary removal of funds and restrictions on bonus proposals.

Source: ukgc official website

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