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UKGC Reports A Rise in The Online Gambling Market

The latest report from the United Kingdom Gambling Commission shows that there has been significant growth in the online casino gaming sector.

Overview of Gambling Behavior in the United Kingdom

The recently released report touches on both in-person and mobile casino gambling. The information shows the growth of the market amidst the renewed tightening of the lockdown measures against the pandemic. Data referenced were obtained from licensed operators on the high street of Britain.

As of October 2020, the data showed a growth in the online gambling market, with a month-on-month increase of 29% in the gross gambling niche. There was also a record of a 7% increase in the active accounts.

Real even betting was the primary reason for the growth, as the report emphasized, with a GGY growth of 53%. There was also a record of a 12% increase in the betting numbers and a 7% increase in the number of active players.

Expectations in October

According to the UKGC, owning to the effect of the result of sporting events, the GGY levels of the real-event betting might be volatile. They also said that they expect an increase in the figures of real-event betting in October.

The report also showed a 12% rise in slot sessions that were longer than an hour in October. However, they emphasize that after examining all the sessions, the growth and the increase were at the same rate. The length of an average session remained at 21 minutes.

From the report again, 8% of the total sessions stayed at a duration of over an hour.

The Commission has stated that it is making conscious efforts to constantly evolve amidst the country’s varying restriction levels. It also specified that it would stay vigilant in the face of the new lockdowns to be announced in the coming weeks by the nation.