Online Gambling Revenue Grows in UK

The UK gambling Commission released figures for 12 months ending in March 2016 showing that online gambling in the country continues to lead all other types of betting in gambling revenue. Online revenue was at £4.46 billion for the year. Land-based betting was at £3.46 billion and the national lottery was at £3.26 billion.

Online gambling remains the largest part of the UK’s gambling industry according to a report from the UK Gambling Commission.

The report covered the 12-month period from April 2015 to March 2016.

Online gambling in that period took in revenue of £4.46 billion, up from the £4.23 billion that was reached in the 12 months between April 2015 and March 2016, according to a report at focugn.com.

Remote betting increased 10 percent to £1.79 billion, boosted by the football tournament Euro 2016, and pool betting increased 16 percent to £30.2 million.

Land-based betting was second at £3.46 billion while the national lottery declined 4.3 percent to £3.26 billion. Land-based casinos increased its operations by 19 percent to £1.19 billion, the biggest jump in all sectors, mainly because of table games, which registered £987 million. Gaming machines also grew 3.5 percent, the report said.

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