The UK market had a 5% increase in bets and a flat GGY

The UK market had a 5% increase in bets and a flat GGY

The Gambling Commission has published operator data showing how gambling is changing in the UK as a result of the economic environment.

LBOs provide the data from both online and in-person gambling.

For the first quarter of the year, the online total gross gambling yield increased by 1% from the fourth quarter of the year to the first quarter of the year.

There was a 5% increase in the total number of bets and spins from Q4 to Q1, and a 5% increase in the average monthly active accounts.

The number of spins increased by 5% to 18.7 billion, with the Slots GGY increasing 4% to approximately £565m. The average monthly active accounts increased 4% to 3.6 million.

The period saw a 5% increase in the average number of slots sessions that lasted more than one hour. A one-minute decrease was represented by the average session length being 17 minutes.

The total number of bets and spins increased by 3% to 3.3 billion, as Lbo Ggy rose to £584m, an increase of 6%.

Operators are expected to remain vigilant to the vulnerability of some customers as a result of the UK’s Pandemic recovery and current economic climate, according to the Commission.

The Commission issued guidance to operators, telling them to follow strengthened protocols issued during the first lockdown and to avoid exploiting the current situation, as well as to adhere to affordability checks with new customers.

The Commission confirmed that it will work towards permanently strengthening regulations, with planned changes to Remote Technical Standards and Licence Conditions and Codes of Practice.

Summary:

The Gambling Commission has published operator data showing how gambling is changing in the UK as a result of the economic environment. LBOs provide the data from both online and in-person gambling. For the first quarter of the year, the online total gross gambling yield increased by 1% from the fourth quarter of the year to the first quarter of the year.