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U.K. Online Gambling Market Grows 10 Percent

Internet Bettors Spend £4.7 Billion, According To Latest Figures

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The U.K. gambling market has reached £13.7 billion ($18.2 billion USD), according to the latest statistics out of the country’s highly-respected Gambling Commission.

Gambling industry statistics are published twice a year—in May and November—and provide the latest information on each industry sector the country regulates, which includes legal online gambling services offered to customers in Great Britain.

The £13.7 billion was the total gross gambling yield of the gambling industry from April 2016 to March 2017, an increase of 1.8 percent compared to the same period the previous year.

Great Britain had 146 brick-and-mortar casinos as of September, one more than there was earlier this year, regulators said. There were 8,500 betting shops as of September, a decline of four percent compared to March 2017. Additionally, there were 583 bingo parlors, 1.4 percent fewer.

Between those facilities, there were 183,000 gambling devices in the country.

Out of the £13.7 billion, £4.7 billion came from “remote gambling,” which includes online casino games. The figure was a 10.1 percent increase compared to April 2015 to March 2016.

The growth of that market segment has led to the launch of no deposit bonus casinos over the internet, all designed for customers to get the best deals available with zero risk.

Since last year, the U.S. state of New Jersey and the U.K. have been in talks to share liquidity for online gaming, especially poker. Both are among the most regulated gambling markets in the world. The UK represented around 10 percent of the entire European online casino market as of a few years ago, according to research from Deloitte. The number of unique online gamblers in the U.K. was estimated at more than two million.