Internet betting boosts UK’s gambling industry
That figure reaches GBP 4.8 billion when remote betting is taken into account, ABC Money says, pointing out that the segment prospered by as much as 10% thanks to major football tournament wagering.
Exchange betting contributed another GBP 170 million, and online casinos delivered GBP 2.4 billion.
““Online bingo was less successful, declining to GBP 149 million.
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Between 2015 and 2016, there was a hike in the number of new users who joined online casinos - up from 23.7 million to 28.4 million. Active accounts increased from 20 million to 21.4 million as well.
Revenue from gambling software sales was down from GBP 538.3 million to GBP 520.1 million as developers struggled to boost sales, which declined 14 percent.
During the period, UK-licensed land-based casinos reported revenue of 3.4 billion, up 3%. The National Lottery posted revenue of GBP 3.26 billion, down 4.3%.
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