UK gambling industry reaches record gross annual yield
The official report revealed that the nearly 3% increase from the previous period came as a result of an over 7% swell in gross gambling yield from the remote sector to £4.5 billion ($5.8 billion) while the 34,388 land-based fixed-odds betting terminals (FOBT) saw their tally reach £1.8 billion ($2.3 billion).
Acording to the regulator, United Kingdom had an average of 176,410 non-FOBT gambling machines, which represented a decline of some 0.2% from the previous reporting period, although these saw their gross annual yield rise by 2.5% to hit £2.7 billion ($3.5 billion).
Gambling Commission figures showed that sportsbetting generated a gross annual yield of £1.6 billion ($2.1 billion) while the figure for table games and gaming machines reached £1.2 billion ($1.6 billion) with bingo generating £682.3 million ($884.2 million).
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