The UK Gambling Commission has released new data covering both online and offline gambling activities in the UK. This data, sourced from licensed operators, spans from March 2020 to September 2024, providing insights into the behaviors of licensed betting operators (LBO) on major UK streets and online platforms.
In the second fiscal quarter (Q2) of 2024, from July to September, the total gross gambling yield (GGY) for online gambling reached £1.32 billion ($1.71 billion), marking an 11% increase from the previous year.
The total wagers and spins in the online sector reached an all-time high, growing by 12% year-over-year to £25.2 billion.
Meanwhile, the number of active accounts per month grew by 8%, marking the third consecutive quarter of growth.
For real event betting, despite a 10% decrease in the number of bets, the GGY still grew by 6% year-over-year to £453 million.
Slot machine activities showed particularly strong growth momentum, with GGY increasing by 16% year-over-year to £680 million.
The number of active accounts increased by 16%, reaching a new high of 4.4 million monthly active accounts, although some product reclassification may have contributed to this growth.
The duration of online slot gaming sessions also grew by 9% compared to the same period last year, with the number of sessions lasting over an hour reaching 10 million, although the average session duration remains at 17 minutes. Meanwhile, the GGY per game slightly decreased from £4.20 to £4.13.
Conversely, leveraged buyouts saw a slight decline, with GGY falling by 1% to £533 million, while total bets and spins remained stable at £3.1 billion.
The Gambling Commission emphasizes caution in interpreting these statistics and highlights the potential for product reclassification and the complexity of measuring active accounts across multiple gambling verticals.
